Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > NanoKTN announces IPO of member Ilika plc on AIM

Abstract:
Raises £5.2 million with market capitalisation of £18.7 million

NanoKTN announces IPO of member Ilika plc on AIM

UK | Posted on June 23rd, 2010

The NanoKTN is pleased to announce the AIM IPO of one of its members, Ilika.

Ilika plc ("Ilika") (AIM: IKA) is an advanced cleantech materials discovery company. It accelerates the discovery of new and patentable materials using a unique high throughput technologies (HTT) process for identified end uses in the energy, electronics and biomedical sectors. This process enables hundreds of scalable materials to be made in a single, automated operation and subsequently tested for key properties.

Ilika raised £5.2 million before expenses through the issue of 10,147,059 Placing Shares at 51 pence per share. On Admission, the Company had 36,569,359 Ordinary Shares in issue and a market capitalisation of approximately £18.7 million.

The NanoKTN has supported Ilika since its origins as a spin-out company from the University of Southampton. Its first major activity with the NanoKTN was as a delegate on the Germany Nanomission 2008, a high-profile workshop and networking event held at the British Embassy in Berlin. Ilika joined other innovative nanotechnology companies in the UK to meet with German organisations to discuss the application of nanotechnology to the needs of the energy and environment sector. The mission resulted in a number of follow-on activities between Ilika and two major German manufacturers as well as a number of UK companies.

"The NanoKTN has been extremely supportive of Ilika as it has grown since its spinout from the University of Southampton in 2004. In particular, the NanoKTN has facilitated some first-class networking opportunities which have formed an important part of Ilika's business development activities," comments CEO of Ilika, Graeme Purdy. "The NanoKTN plays an important role in highlighting the commercial benefits of innovative materials science to grant bodies. This has undoubtedly reinforced Ilika's successful applications for grant funding, particularly in the area of hydrogen storage."

Director at the NanoKTN, Alec Reader, adds, "The AIM IPO of Ilika is excellent news for the nanotechnology industry. Our key aim is to support innovative companies to create wealth for the UK industry - the NanoKTN has worked intimately with Ilika from spinout to listed company and the results have been tremendous."

The NanoKTN's primary aim is to encourage collaboration and knowledge transfer between key players in industry, as well as start-ups and SMEs. One of the key methods to ensure networking between key market players is to facilitate interactions through networking and event organisation.

####

About NanoKTN
The mission of the Nanotechnology Knowledge Transfer Network (NanoKTN) is to encourage and support organisations to collaborate and share knowledge with key partners in attractive end user markets to achieve growth of the UK nanotechnology sector.

For more information, please click here

Copyright © NanoKTN

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Heating and cooling with light leads to ultrafast DNA diagnostics July 31st, 2015

Theoretical Physicists at Freie Universitšt Berlin Develop New Insights into Interface between Classical and Quantum Worlds July 31st, 2015

Nanomaterials In Cosmetic And Personal Care Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Springer and Tsinghua University Press present the second Nano Research Award: Paul Alivisatos of the University of California Berkeley receives the honor for outstanding contributions in nanoscience July 30th, 2015

Investments/IPO's/Splits

Nanometrics Announces Upcoming Investor Events July 28th, 2015

Harris & Harris Group Portfolio Company, Bridgelux, Enters into Agreement to be Acquired by an Investment Group July 22nd, 2015

Harris & Harris Group Portfolio Company, OpGen, Gains $6 Million Investment From Merck GHI in Addition to New Acquisition July 16th, 2015

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Announcements

Heating and cooling with light leads to ultrafast DNA diagnostics July 31st, 2015

Theoretical Physicists at Freie Universitšt Berlin Develop New Insights into Interface between Classical and Quantum Worlds July 31st, 2015

Nanomaterials In Cosmetic And Personal Care Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Controlling Dynamic Behavior of Carbon Nanosheets in Structures Made Possible July 30th, 2015

Financial Reports

Industrial Nanotech, Inc. Provides Update on PCAOB Audited Financials July 27th, 2015

Nanometrics to Announce Second Quarter Financial Results on July 23, 2015 July 2nd, 2015

Aspen Aerogels to Webcast 2015 Annual Meeting of Stockholders June 11th, 2015

Industrial Nanotech, Inc. Provides Update June 8th, 2015

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project