REG - Ilika plc - Award of Share Options
24/02/2026 10:30
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RNS Number : 1875U Ilika plc 24 February 2026
24 February 2026
Ilika plc
("Ilika", the "Group". or the "Company")
Award of Share Options
Ilika (AIM: IKA), a pioneer in solid-state battery technology, announces that,
on 24 February 2026, it granted options to certain Executive Directors and
employees under the Long Term Incentive Plan approved by shareholders in 2018
("LTIP") and the EMI employee option scheme.
LTIP
Ilika awarded options under the LTIP over 634,956 ordinary shares of 1p each
in the Company ("Ordinary Shares"). This included 625,360 options over
Ordinary Shares to one Executive Director and over a further 9,596 Ordinary
Shares to certain employees. Each award has an exercise price equal to the
nominal value of an Ordinary Share (1p) and vests on the achievement of
certain performance targets over a three-year period.
Details of grants issued under the LTIP by each Executive Director are set out
in the table below, together with the total number of Ordinary Shares each
Executive Director holds under option and is interested in.
Director Number of LTIP options granted Total number of Options now held (Both EMI & LTIP) Per cent. of current issued share capital
Jason Stewart 625,360 1,672,094 0.92%
EMI option scheme
Ilika granted options over 1,182,063 Ordinary Shares to employees and 869,156
options over Ordinary shares to an Executive Director under the Company's EMI
option scheme. EMI options have an exercise price of 27.5p per Ordinary
Share and vest on the achievement of certain performance targets over a
three-year period.
The awards are intended to align the incentives of the Executive Directors
and other senior employees with the Company's performance and outcomes for
shareholders over the long term, and to provide effective and attractive
levels of reward, based on delivering strong financial and operational
performance in a fair and proportionate manner.
Director Number of EMI options granted Total number of Options now held (Both EMI & LTIP) Per cent. of current issued share capital
Graeme Purdy 869,156 4,180,726 2.31%
In total, options over 2,686,175 Ordinary Shares have been awarded under the
LTIP and the EMI option scheme, representing 1.49% of the current issued share
capital.
For more information contact:
Ilika Plc www.ilika.com (http://www.ilika.com/)
Graeme Purdy, Chief Executive
Via FTI Consulting
Jason Stewart, Chief Financial Officer
Cavendish Capital Markets Limited (Nomad and Broker) +44 (0)131 220 9772
Peter Lynch
+44 (0)131 220 9771
Neil McDonald
FTI Consulting (Comms Advisors) ilika@fticonsulting.com
Ben Brewerton
Elizabeth Adams
Dwight Burden
About Ilika plc - https://www.ilika.com (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 EMI share options
c) Price(s) and volume(s)
Price(s) Volume(s)
27.5p 869,156
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 24 February 2026
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 LTIP share options
c) Price(s) and volume(s)
Price(s) Volume(s)
1p 625,360
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 24 February 2026
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Louise Turner
2 Reason for the notification
a) Position/status VP Product Development
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 EMI share options
c) Price(s) and volume(s)
Price(s) Volume(s)
27.5p 184,992
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 24 February 2026
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name John Tinson
2 Reason for the notification
a) Position/status VP Sales
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 EMI share options
c) Price(s) and volume(s)
Price(s) Volume(s)
27.5p 9,596
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 24 February 2026
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Robin Bell
2 Reason for the notification
a) Position/status NPI 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 Grant of EMI share options
c) Price(s) and volume(s)
Price(s) Volume(s)
27.5p 9,596
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 24 February 2026
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mandy Petitt
2 Reason for the notification
a) Position/status Financial Controller
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 EMI share options
c) Price(s) and volume(s)
Price(s) Volume(s)
27.5p 14,394
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 24 February 2026
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sherry Cook
2 Reason for the notification
a) Position/status Sustainability, Quality and Business Compliance 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 Grant of EMI share options
c) Price(s) and volume(s)
Price(s) Volume(s)
27.5p 21,591
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 24 February 2026
f) Place of the transaction Off market
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