tiprankstipranks
Trending News
More News >

Ilika plc Awards Share Options and Increases Voting Rights

Story Highlights
Ilika plc Awards Share Options and Increases Voting Rights

Ilika plc ( (GB:IKA) ) just unveiled an announcement.

Ilika plc has announced the award of share options to executive directors and employees under its Long Term Incentive Plan and EMI employee option scheme, aimed at aligning their incentives with the company’s performance. The issuance of 805,975 new ordinary shares, following the exercise of options, will increase the company’s total voting rights, impacting shareholder calculations under FCA rules.

More about Ilika plc

Ilika plc is a global leader in the development of solid-state battery technology, catering to industries such as electric vehicles, medical devices, and consumer appliances. The company offers two main product lines: Stereax batteries for miniature medical implants and IoT applications, and Goliath large format batteries for electric vehicles and cordless appliances. Ilika operates on a licensing business model, providing its intellectual property to OEMs and manufacturing partners for license fees and future royalties.

YTD Price Performance: 100.0%

Average Trading Volume: 588,141

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £71.94M

Find detailed analytics on IKA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App