Ilika plc
("Ilika" or the "Company")
Directors Dealings, Exercise of Options & Total Voting Rights
Ilika (AIM: IKA), the accelerated materials innovation company, announces that Graeme Purdy, CEO of the Company, has today taken the opportunity to increase his holdings in the Company by exercising 139,500 of his options issued in 2005, at an exercise price of 10 pence, into Ordinary Shares. Mr Purdy has sold 27,500 of these shares to fund the exercise price and the tax arising on the transaction. Following the exercise of the options, Mr Purdy owns 589,427 Ordinary Shares equivalent to 0.9% of the Company's issued share capital.
In addition, the following transactions have been completed:
· Exercise of 2,900 options at an exercise price of 51p, into Ordinary Shares of 1p each.
· Exercise of 3,750 options at an exercise price of 53p, into Ordinary Shares of 1p each.
· Conversion of 87,500 convertible preference shares to Ordinary Shares of 1p each by a founding shareholder.
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 on or around Tuesday 10th March 2015.
The figure of 65,736,416 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/ Adrian Trimmings / | |
| James Black | |
| Walbrook PR Ltd | Tel: 020 7933 8780 / ilika@walbrookpr.com |
| Lianne Cawthorne (Media Enquiries) | Mob: 07584 391 303 |
| Paul Cornelius (Investor Enquiries) | Mob: 07827 879 460 |
This information is provided by RNS