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REG - Elixirr Intnl PLC - Director/PDMR Shareholding

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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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