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IN BRIEF: Ilika trades in line with annual market expectations

ALN

Ilika PLC - Romsey, England-based solid-state battery technology company - Trade in the year ending April 30 has been in line with current market expectations. Expects to report revenue of £2.0 million up from £800,000. Says the figure reflects a material increase in grant funding received during the first half of the financial year and, as expected, this was not replicated in second half due to the phasing of grant activity.

Current stock price: 28.50 pence, up 1.8% in London on Tuesday

12-month change: down 48%

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