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RNS Number : 8526H Elixirr International PLC 08 April 2022
ELIXIRR INTERNATIONAL PLC
("Elixirr", the "Company" or the "Group")
Director / PDMR Shareholdings
Elixirr International plc (AIM:ELIX), an established, global award-winning
challenger consultancy, announces that, following the announcement made on the
18 March 2022 regarding the acquisition of iOLAP Incorporated ("iOLAP"), the
Company will be satisfying the initial share consideration through a sale from
the Employee Benefit Trust ("EBT"), in order to avoid the dilution of existing
shareholders.
In order to provide the EBT with sufficient shares to facilitate the initial
share consideration, certain Directors, PDMRs and shareholders have today
notified the Company of the sale of shares to the EBT, each at a price of 765p
(being the closing share price on 5 April 2022). Sales by Directors and PDMRs
are as follows:
Name Position No. of Ordinary Shares sold Resulting holding of Ordinary Shares Resulting % holding in the Company
Stephen Newton Founder & CEO 653,595 13,346,238 28.9
Graham Busby CFO 36,666 1,429,972 3.1
Ian Ferguson General Counsel 66,239 2,594,082 5.6
Eric Rich Partner (PDMR) 17,727 691,355 1.5
Brandon Bichler Partner (PDMR) 17,815 694,788 1.5
Clare Filby COO (PDMR) 13,743 541,901 1.2
Nicholas Willott Finance Director (PDMR) 6,321 270,824 0.6
As detailed in the announcement of 18 March 2022, the sellers of iOLAP are
subject to a contractual commitment to use US$11.2 million of the initial
consideration less tax to purchase shares in Elixirr from the EBT at a price
per share of 642.5p (being the closing share price on 16 March 2022) by 29
April 2022.
For further Information please contact:
Elixirr International plc
Stephen Newton, CEO
Graham Busby, CFO
Public and Investor Relations contacts: investor-relations@elixirr.com
Caroline Pitt
finnCap Ltd (Nominated Adviser & Sole Broker)
+44 (0)20 7220 0500
Christopher Raggett / Kate Bannatyne (Corporate Finance)
Alice Lane / Sunila De Silva (ECM)
About Elixirr International plc
Elixirr is an established global award-winning management consultancy,
challenging the larger consultancies by delivering innovative and bespoke
solutions to a repeat, globally-recognised client base.
Elixirr was founded in 2009, by Stephen Newton, Graham Busby, Ian Ferguson,
Andy Curtis and Mark Goodyear, experienced business advisors who identified a
market opportunity to provide bespoke, personal services as a 'challenger' to
the traditional consultancy businesses in the market. Elixirr guides its
clients to overcome challenges such as: future-proofing against technological
disruption; development and roll-out of new propositions, products and
services; incubating new businesses; navigating a more complex and
multinational regulatory environment; and project management and
implementation of major change programmes.
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of
MAR.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stephen Newton
2. Reason for the Notification
a) Position/status Founder & CEO
b) Initial notification/Amendment Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Elixirr International plc
b) LEI 213800MKY7OHMVAKW681
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 0.005p each ("Ordinary Shares")
Identification code GB00BLPHTX84
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
765p 653,595
d) Aggregated information: 653,595 shares at 765p
e) Date of the transaction 08 April 2022
f) Place of the transaction London Stock Exchange, AIM market (XLON)
d)
Aggregated information:
653,595 shares at 765p
e)
Date of the transaction
08 April 2022
f)
Place of the transaction
London Stock Exchange, AIM market (XLON)
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Graham Busby
3. Reason for the Notification
a) Position/status CFO
b) Initial notification/Amendment Initial Notification
4. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Elixirr International plc
b) LEI 213800MKY7OHMVAKW681
5. 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 0.005p each ("Ordinary Shares")
Identification code GB00BLPHTX84
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
765p 36,666
d) Aggregated information: 36,666 shares at 765p
e) Date of the transaction 08 April 2022
f) Place of the transaction London Stock Exchange, AIM market (XLON)
d)
Aggregated information:
36,666 shares at 765p
e)
Date of the transaction
08 April 2022
f)
Place of the transaction
London Stock Exchange, AIM market (XLON)
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ian Ferguson
4. Reason for the Notification
a) Position/status General Counsel
b) Initial notification/Amendment Initial Notification
5. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Elixirr International plc
b) LEI 213800MKY7OHMVAKW681
6. 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 0.005p each ("Ordinary Shares")
Identification code GB00BLPHTX84
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
765p 66,239
d) Aggregated information: 66,239 shares at 765p
e) Date of the transaction 08 April 2022
f) Place of the transaction London Stock Exchange, AIM market (XLON)
d)
Aggregated information:
66,239 shares at 765p
e)
Date of the transaction
08 April 2022
f)
Place of the transaction
London Stock Exchange, AIM market (XLON)
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Eric Rich
5. Reason for the Notification
a) Position/status PDMR
b) Initial notification/Amendment Initial Notification
6. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Elixirr International plc
b) LEI 213800MKY7OHMVAKW681
7. 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 0.005p each ("Ordinary Shares")
Identification code GB00BLPHTX84
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
765p 17,727
d) Aggregated information: 17,727 shares at 765p
e) Date of the transaction 08 April 2022
f) Place of the transaction London Stock Exchange, AIM market (XLON)
d)
Aggregated information:
17,727 shares at 765p
e)
Date of the transaction
08 April 2022
f)
Place of the transaction
London Stock Exchange, AIM market (XLON)
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Brandon Bichler
6. Reason for the Notification
a) Position/status PDMR
b) Initial notification/Amendment Initial Notification
7. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Elixirr International plc
b) LEI 213800MKY7OHMVAKW681
8. 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 0.005p each ("Ordinary Shares")
Identification code GB00BLPHTX84
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
765p 17,815
d) Aggregated information: 17,815 shares at 765p
e) Date of the transaction 08 April 2022
f) Place of the transaction London Stock Exchange, AIM market (XLON)
d)
Aggregated information:
17,815 shares at 765p
e)
Date of the transaction
08 April 2022
f)
Place of the transaction
London Stock Exchange, AIM market (XLON)
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Clare Filby
7. Reason for the Notification
a) Position/status PDMR
b) Initial notification/Amendment Initial Notification
8. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Elixirr International plc
b) LEI 213800MKY7OHMVAKW681
9. 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 0.005p each ("Ordinary Shares")
Identification code GB00BLPHTX84
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
765p 13,743
d) Aggregated information: 13,743 shares at 765p
e) Date of the transaction 08 April 2022
f) Place of the transaction London Stock Exchange, AIM market (XLON)
d)
Aggregated information:
13,743 shares at 765p
e)
Date of the transaction
08 April 2022
f)
Place of the transaction
London Stock Exchange, AIM market (XLON)
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nicholas Willott
8. Reason for the Notification
a) Position/status PDMR
b) Initial notification/Amendment Initial Notification
9. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Elixirr International plc
b) LEI 213800MKY7OHMVAKW681
10. 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 0.005p each ("Ordinary Shares")
Identification code GB00BLPHTX84
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
765p 6,321
d) Aggregated information: 6,321 shares at 765p
e) Date of the transaction 08 April 2022
f) Place of the transaction London Stock Exchange, AIM market (XLON)
d)
Aggregated information:
6,321 shares at 765p
e)
Date of the transaction
08 April 2022
f)
Place of the transaction
London Stock Exchange, AIM market (XLON)
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