23 September 2025
Ilika plc
('Ilika,' the 'Company,' or the 'Group')
Result of AGM & Award of Executive Share Options
Ilika (AIM: IKA), the UK pioneer in solid-state battery technology, announces that at the Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed.
The results of the proxy voting for the AGM are set out below:
|
Resolution |
Total votes For |
% of votes cast |
Total votes Against |
% of votes cast |
Votes Withheld |
|
1. To receive and adopt the audited accounts of the Company for the financial year ended 30 April 2025, together with the Directors' and Auditor's Reports in respect of such accounts |
85,228,929 |
99.75 |
214,301 |
0.25 |
1,108,059 |
|
2. To re-elect Keith Jackson a director of the Company. |
81,983,672 |
99.00 |
826,910 |
1.00 |
3,740,707 |
|
3. To re-elect Jeremy Millard a director of the Company. |
85,632,765 |
99.50 |
427,410 |
0.50 |
491,114 |
|
4. To re-elect Monika Biddulph a director of the Company |
85,744,681 |
99.61 |
335,726 |
0.39 |
470,882 |
|
5. To re-elect Graeme Purdy a director of the Company |
85,630,700 |
99.52 |
413,853 |
0.48 |
506,736 |
|
6. To re-elect Jason Stewart a director of the Company |
85,640,180 |
99.51 |
419,995 |
0.49 |
491,114 |
|
7. To re-appoint BDO LLP as auditors to the Company, to hold office until the conclusion of the next general meeting at which accounts are laid before the Company, and to authorise the directors to determine their remuneration |
85,802,701 |
99.66 |
292,618 |
0.34 |
455,970 |
|
8. Allotment of shares |
85,253,451 |
98.86 |
984,201 |
1.14 |
313,637 |
|
9. Special resolution: Allotment of equity securities |
84,095,434 |
97.72 |
1,958,218 |
2.28 |
497,637 |
Grant of Options
The Company also announces that on 22 September 2025, it granted nominal value options over 253,566 ordinary shares of 1p each in the Company ("Ordinary Shares") to Executive Directors under the Company's deferred Bonus Scheme in lieu of a cash payment.
The options granted represent in aggregate 0.1% per cent of the Company's existing issued ordinary share capital.
The options were awarded as part of the Company's Bonus Scheme, where 50% is payable as cash and 50% is deferred into options for one year, subject to continued employment.
|
Director / PDMR |
Number of options granted |
Total number of Options held post grant |
Percent of current issued share capital (%) |
|
Graeme Purdy |
186,642 |
3,728,524 |
2.1% |
|
Jason Stewart |
66,924 |
1,346,734 |
0.7% |
Graeme Purdy, CEO, holds 881,953 Ordinary Shares representing 0.5% of current issued share capital. Jason Stewart, CFO, holds 13,202 Ordinary Shares representing 0.1% of current issued share capital.
--
Enquiries:
|
Ilika Plc Jason Stewart, Chief Financial Officer |
www.ilika.com Via FTI Consulting |
|
Cavendish Capital Markets Limited (Nomad and Broker) Neil McDonald |
+44 (0)131 220 9771 |
|
FTI Consulting (Comms Advisors) Ben Brewerton Elizabeth Adams Dwight Burden |
ilika@fticonsulting.com |
About Ilika plc - https://www.ilika.com
Ilika is a global expert in the development of solid state battery technology for electric vehicles, medical devices and consumer appliances. The Company's pioneering next-generation technologies aim to provide scalable, affordable alternatives to conventional batteries, to industries which need to incorporate a smaller, lighter, and safer power source in their products.
The Company has two product lines. Its Stereax batteries are designed for powering miniature medical implants, industrial wireless sensors and Internet of Things (IoT) applications and the Goliath large format batteries designed for EV cars and cordless appliances.
Through its licensing business model, Ilika supplies its IP portfolio to both OEMs and manufacturing partners in exchange for a license fee and future royalties.
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||
|
a) |
Name |
Graeme Purdy |
|||
|
2 |
Reason for the notification |
||||
|
a) |
Position/status |
Chief Executive Officer |
|||
|
b) |
Initial notification /Amendment |
Initial notification |
|||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
|
a) |
Name |
Ilika plc |
|||
|
b) |
LEI |
213800TMDNIE3Z8XXD26 |
|||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||||
|
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 1 pence each |
|||
|
Identification code |
GB00B608Z994 |
||||
|
b) |
Nature of the transaction |
Grant of share options |
|||
|
c) |
Price(s) and volume(s) |
||||
|
Price(s) |
Volume(s) |
||||
|
1p |
186,642 |
||||
|
d) |
Aggregated information |
Not Applicable - Single Transaction |
|||
|
- Aggregated volume |
|||||
|
- Price |
|||||
|
e) |
Date of the transaction |
22 September 2025 |
|||
|
f) |
Place of the transaction |
Off market |
|||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||
|
a) |
Name |
Jason Stewart |
|||
|
2 |
Reason for the notification |
||||
|
a) |
Position/status |
Chief Financial Officer |
|||
|
b) |
Initial notification /Amendment |
Initial notification |
|||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
|
a) |
Name |
Ilika plc |
|||
|
b) |
LEI |
213800TMDNIE3Z8XXD26 |
|||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||||
|
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 1 pence each |
|||
|
Identification code |
GB00B608Z994 |
||||
|
b) |
Nature of the transaction |
Grant of share options |
|||
|
c) |
Price(s) and volume(s) |
||||
|
Price(s) |
Volume(s) |
||||
|
1p |
66,924 |
||||
|
d) |
Aggregated information |
Not Applicable - Single Transaction |
|||
|
- Aggregated volume |
|||||
|
- Price |
|||||
|
e) |
Date of the transaction |
22 September 2025 |
|||
|
f) |
Place of the transaction |
Off market |
|||