Ilika plc
("Ilika" or the "Company")
Contract win
Ilika (AIM: IKA), the accelerated materials innovation company, announces that it has entered into a commercial contract with a new customer, based in the EU, for the development of battery materials.
This six month contract takes the level of committed revenue for the current financial year to over £825k, which is significantly ahead of the £535k committed revenue at the same point last year.
Commenting on the contract, Graeme Purdy, CEO of Ilika, said: "This programme is a further demonstration of the strength of Ilika's technology platform for the development of leading edge lithium ion battery materials. It also continues the progress that we have made in attracting and retaining customers in Europe."
For more information contact:| Ilika plc | www.ilika.com |
| Graeme Purdy, Chief Executive | Tel: 023 8011 1400 |
| Steve Boydell, Finance Director | |
| Numis Securities Limited | Tel: 020 7260 1000 |
| Oliver Cardigan, Nominated Adviser | |
| James Black, Corporate Broking | |
| Walbrook PR Ltd | Tel: 020 7933 8780 / ilika@walbrookpr.com |
| Paul McManus | Mob: 07980 541 893 |
| Paul Cornelius | Mob: 07827 879 460 |
This information is provided by RNS