Ilika plc
("Ilika" or the "Company")
Conversion of securities and Director Dealings
Ilika (AIM: IKA), the advanced cleantech materials discovery company, announces that Jack Boyer, Non-executive chairman of the Company, has taken the opportunity to increase his holdings in the Company by exercising 273,100 of his options, issued in 2004, at an exercise of 10 pence, into Ordinary Shares. Following the exercise of the options, Mr. Boyer owns 667,109 Ordinary Shares equivalent to 1.0% of the Company's issued share capital.
Application will be made for the new Ordinary Shares to be admitted to trading on AIM; it is expected that such admission will be effective as at 8.00am on 7th May 2014.
The figure of 62,513,119 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
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 |
| Paul McManus | Mob: 07980 541 893 or ilika@walbrookpr.com |
| Paul Cornelius | Mob: 07827 879 460 or ilika@walbrookpr.com |
This information is provided by RNS