Business
Result of Placing & Director Subscription
Ilika plc has successfully raised approximately £4.56 million in gross proceeds through an oversubscribed placing and subscription of 16,271,425 new ordinary shares at 28 pence per share. The company also plans to raise up to an additional £0.5 million via a retail offer. These funds will be used to advance the commercialization of its Stereax and Goliath battery technologies, supporting the launch of Stereax and the development of Goliath prototypes for potential licensing agreements. Directors Graeme Purdy and Keith Jackson participated in the capital raise, subscribing for 53,571 and 17,858 new ordinary shares respectively. Admission of the new shares to AIM is expected by July 9, 2026. Disclaimer*
About this update from Ilika Plc
THIS ANNOUNCEMENT (INCLUDING THE APPENDIX) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN AN INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON FOR THE SALE OR SUBSCRIPTION FOR THE SECURITIES IN ILIKA PLC IN ANY JURISDICTION IN WHICH SUCH INVITATION, SOLICITATION, RECOMMENDATION, OFFER, SUBSCRIPTION OR SALE WOULD BE UNLAWFUL UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT AN OFFER OF OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY UK MAR. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION. 3 July 2026 Ilika plc ("Ilika", the "Group", or the "Company") Result of Placing & Director Subscription Ilika (AIM: IKA), the UK pioneer in solid-state battery technology, is pleased to confirm that further to the Company's announcement released at 5.08 p.m. on 2 July 2026 (the "Launch Announcement"), the ABB has now successfully closed, and the Company has conditionally raised gross proceeds of approximately £4.56 million before expenses by way of a successful oversubscribed placing of, and subscription for, a total of 16,271,425 new Ordinary Shares at the Issue Price of 28 pence per Ordinary Share. Capitalised terms used in this announcement have the meanings given to them in the Launch Announ...