Conversion of Securities

RNS Number : 4454A
Ilika plc
22 December 2014
 



Ilika plc

("Ilika" or the "Company")

 

Conversion of Securities

 

Ilika (AIM: IKA), the accelerated materials innovation company, announces:

 

·   Exercise of 65,100 options at an exercise price of 51p, into Ordinary Shares of 1p each.

·   Conversion of 50,000 convertible preference shares to Ordinary Shares of 1p each by a founding shareholder.

 

Application will be made for the new Ordinary Shares to be admitted to trading on AIM; it is expected that such admission will be effective on or around Friday 2nd January 2015.

 

The figure of 65,222,766 Ordinary Shares 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 and Transparency Rules.

 

 

For more information contact:

 

Ilika plc

www.ilika.com

Graeme Purdy, Chief Executive

Tel: 023 8011 1400

Steve Boydell, Finance Director

 

 

 

Numis Securities Limited

Tel: 020 7260 1000

Oliver Cardigan, Nominated Adviser

 

James Black, Corporate Broking

 

 

 

Walbrook PR Ltd

Tel: 020 7933 8780 / ilika@walbrookpr.com

Paul McManus

Mob: 07980 541 893

Paul Cornelius

Mob: 07827 879 460

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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