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RNS Number : 5629J Elixirr International PLC 25 October 2024
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE RESTRICTED AND ARE
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE
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FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT
CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR
ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY
SECURITIES IN ELIXIRR INTERNATIONAL PLC OR ANY OTHER ENTITY IN ANY
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FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION
IN RESPECT OF ELIXIRR INTERNATIONAL PLC. PLEASE SEE THE IMPORTANT NOTICE AT
THE END OF THIS ANNOUNCEMENT.
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. IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT
OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT
CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY MAR.
UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE
TO BE IN POSSESSION OF INSIDE INFORMATION.
ELIXIRR INTERNATIONAL PLC
("Elixirr", the "Company" or "Group")
Result of Secondary Placing of Existing Ordinary Shares in the Company to
satisfy strong institutional demand
Elixirr International plc (AIM:ELIX), an established, global award-winning,
challenger consultancy, announces that, further to its announcement released
yesterday regarding a placing of existing shares via accelerated bookbuild
("ABB"), it has closed the ABB and confirms placement of the maximum amount of
£25.0 million through the placing of 3,846,153 existing ordinary shares of
0.005 pence each ("Ordinary Shares") in the capital of Company (the "Placing
Shares") at a price of 650 pence per Placing Share (the "Placing") in order to
satisfy strong institutional demand.
Cavendish Capital Markets Limited ("Cavendish") is acting as sole bookrunner
("Bookrunner") in relation to the Placing.
A further announcement noting the number of Placing Shares sold by and
subsequent holdings of the Selling Shareholders who are also Directors or
PDMRs of the Company will be made shortly.
Enquiries:
For enquiries, please refer to our Investor Contacts page:
https://www.elixirr.com/investors/investor-contacts
Elixirr International
plc
+44 (0)20 7220 5410
Stephen Newton, Chief Executive Officer
Graham Busby, Chief Financial Officer
investor-relations@elixirr.com
Cavendish Capital Markets Ltd (Nominated Adviser & Joint Broker) +44
(0)20 7220 0500
Stephen Keys, Callum Davidson (Corporate Finance),
Sunila De Silva (ECM)
Investec Bank plc (Joint
Broker)
+44 (0) 20 7597 4000
Carlton Nelson, Henry Reast (Corporate Broking)
About Elixirr International plc
Elixirr is an award-winning global consulting firm working with clients across
a diverse range of industries, markets and geographies.
Founded in 2009, the firm set out to be the 'challenger consultancy' and do
things differently than the large corporate consultancies dominating the
industry: working openly and collaboratively with clients from start to
finish, delivering outcomes based on innovative thinking, not methodology, and
treating each client's business like their own. Elixirr has been quoted on the
AIM market of the London Stock Exchange since 2020. In addition to strong
organic growth, Elixirr has acquired seven boutique firms - Den Creative,
Coast Digital, The Retearn Group, iOLAP, Responsum, Insigniam and Hypothesis -
to grow the Group's capabilities, diversify the business, expand into new
geographies and access new clients.
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