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ILIKA PLC Remuneration Information 2022
7701_def-14a_2022-02-08_f05b92cc-c3e6-4864-b2cf-1395843ef6d1.html
Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 9492A
Ilika plc
08 February 2022
Ilika plc
("Ilika" or the "Company")
Award of Share Options, Director/PDMR shareholding, Exercise of Options and Total Voting Rights
Ilika (AIM: IKA), a pioneer in solid-state battery technology, announces that on 7 February 2022 it granted nominal value options over 229,759 ordinary shares of 1p each in the Company ("Ordinary Shares") to Executive Directors under the Long Term Incentive Plan 2018. Each award vests on the achievement of certain performance targets over a three-year period. The options granted represent in aggregate 0.15 per cent of the Company's issued share capital.
In addition, on 7 February 2022, 20,000 nominal value options previously awarded under the Company's bonus scheme have been exercised by Steve Boydell, CFO, and the Executive Directors sold 30,000 shares in aggregate, primarily to cover tax liabilities arising from options exercised under the Company's bonus scheme in 2021 and 2022.
Details of grants issued under the Company's Long Term Incentive Plan 2018, options exercised and Ordinary Shares sold by each Executive Director are set out in the tables below, together with the total number of Ordinary Shares each Executive Director holds under option and is interested in.
| Director | Number of options granted | Number of options exercised | Total number of Options now held | Per cent. of issued share capital |
| Graeme Purdy | 153,541 | - | 2,362,113 | 1.50 |
| Steve Boydell | 76,218 | 20,000 | 755,723 | 0.48 |
| Director | Ordinary shares sold | Number of shares held post sale | Per cent. of issued share capital |
| Graeme Purdy | 15,000 | 782,927 | 0.50 |
| Steve Boydell | 15,000 | 58,346 | 0.04 |
EMI option scheme
Following the vesting of options under the Company's EMI share option schemes, 52,500 options with an exercise price of 21p, together with 265,000 options with an exercise price of 18.2p, have been converted into Ordinary shares of 1p each.
Accordingly, to satisfy options exercised under both the Company's EMI share option schemes and bonus scheme, the Company has applied to the London Stock Exchange for 337,500 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00am on 11 February 2022.
Total Voting Rights
Following Admission, the Company's issued share capital will comprise 157,217,043 Ordinary Shares and 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 Guidance and Transparency Rules. The Company does not hold any shares in treasury.
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.
For more information contact:
| Ilika plc Graeme Purdy, Chief Executive Steve Boydell, Finance Director |
+44 (0)23 8011 1400 |
| Liberum Capital Limited Andrew Godber, Cameron Duncan, William Hall, Nikhil Varghese |
+44 (0) 20 3100 2000 |
| Joh. Berenberg, Gossler & Co. KG (Joint Broker) Emily Morris, Detlir Elezi, Alamgir Ahmed, Milo Bonser |
+44 (0) 20 3207 8700 |
| Walbrook PR Ltd | +44 (0)20 7933 8780 or [email protected] |
| Lianne Applegarth | Mob: +44 (0)7584 391 303 |
| Nick Rome | Mob: +44 (0)7748 325 236 |
| Tom Cooper | Mob: +44 (0)7971 221 972 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 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 | |||
| 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 | a) Grant of share options b) Sale of shares |
|||
| c) | Price(s) and volume(s) | a) | |||
| Price(s) | Volume(s) | ||||
| 1p | 153,541 | ||||
| b) | |||||
| Price(s) | Volume(s) | ||||
| 142.3p | 15,000 | ||||
| d) | Aggregated information | a) Not Applicable - Single Transaction b) Not Applicable - Single Transaction |
|||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | a) 7 February 2022 b) 7 February 2022 |
|||
| f) | Place of the transaction | a) Off market b) AIMX |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Steve Boydell | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Finance Director | |||
| 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 | a) Grant of share options b) Exercise of share options c) Sale of shares |
|||
| c) | Price(s) and volume(s) | a) | |||
| Price(s) | Volume(s) | ||||
| 1p | 76,218 | ||||
| b) | |||||
| Price(s) | Volume(s) | ||||
| 1p | 20,000 | ||||
| c) | |||||
| Price(s) | Volume(s) | ||||
| 144.5p | 15,000 | ||||
| d) | Aggregated information | a) Not Applicable - Single Transaction b) Not Applicable - Single Transaction c) Not Applicable - Single Transaction |
|||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | a) 7 February 2022 b) 7 February 2022 c) 7 February 2022 |
|||
| f) | Place of the transaction | a) Off market b) Off market c) AIMX |
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