Ilika : Grant of Long Term Incentive Plan

Ilika plc

('Ilika,' the 'Company,' or the 'Group')

Grant of Long Term Incentive Plan

Ilika (AIM: IKA), a pioneer in solid-state battery technology, announces that it yesterday granted nominal value options over 2,213,393 ordinary shares of 1p each in the Company to executive directors under the 2018 Long Term Incentive Plan.

The Options represent in aggregate 2.198 per cent of the existing issued share capital.

Details of the Options

The following options were issued under the Company's recently approved Long Term Incentive Plan 2018 with each award vesting on the achievement of certain performance targets over a three-year period (details of which were provided in the Notice of AGM, Appendix 1):

Director	Number of options granted	Total number of Options now held	Per cent. of current issued share capital
Graeme Purdy	1,127,777	2,323,587	2.307%
Brian Hayden	712,394	1,293,605	1.284%
Steve Boydell	373,222	618,668	0.614%

Graeme Purdy holds 734,427 Ordinary shares representing 0.71% of current issued share capital and Steve Boydell holds 12,000 Ordinary shares representing 0.01% of current issued share capital. Brian Hayden holds 426,300 Preference Shares.

Details of the full notifications received by the Company are set out below:

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	Grant of options under the2018 Long Term Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1p	1,127,777
d)	Aggregated information
	- Aggregated volume	1,127,777
	- Price	£11,277.77
e)	Date of the transaction	23.01.19
f)	Place of the transaction	Off Market
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Brian Hayden
2	Reason for the notification
a)	Position/status	Chief Scientific 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 options under the2018 Long Term Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1p	712,394
d)	Aggregated information
	- Aggregated volume	712,394
	- Price	£7,123.94
e)	Date of the transaction	23.01.19
f)	Place of the transaction	Off Market
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	Grant of options under the2018 Long Term Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1p	373,222
d)	Aggregated information
	- Aggregated volume	373,222
	- Price	£3,732.22
e)	Date of the transaction	23.01.19
f)	Place of the transaction	Off Market

Ilika plc Graeme Purdy, Chief Executive Steve Boydell, Finance Director		[phone]
Liberum Capital Limited Andrew Godber, Cameron Duncan, Trystan Cullen, William Hall		[phone]
Walbrook PR Ltd	[phone] or [e-mail]
Paul Cornelius		Mob: [phone]
Lianne Cawthorne		Mob: [phone]