REG - Elixirr Intnl PLC - Purchase of Shares by Employee Benefit Trust

Elixirr InternationalAnnouncement

09/07/2024 12:00

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RNS Number : 7112V  Elixirr International PLC  09 July 2024

ELIXIRR INTERNATIONAL PLC

("Elixirr", the "Company" or the "Group")

 

Purchase of Shares by Employee Benefit Trust

 

and

Director/PDMR Shareholding

Elixirr International plc (AIM:ELIX), an established, global award-winning
challenger consultancy, announces that the Elixirr International plc Employee
Benefit Trust (the "EBT") purchased from certain Directors, PDMRs, employees
and shareholders of the Company (the "Purchase") 1,419,890 ordinary shares in
the capital of the Company ("Ordinary Shares") at a price of 565 pence per
Ordinary Share.

The Purchase has been made at the instruction of Apex Group Fiduciary Services
Limited as independent trustee of the EBT following a recommendation by the
Board of the Company. The decision to make the Purchase is to ensure that the
EBT has sufficient shares to satisfy demand including for satisfaction of
options, equity for new Partners and equity for those joining the firm through
acquisition. Accordingly, the Purchase will mitigate the need for dilution in
the equity of the Company as it executes on its growth strategy.

Following the Purchase, the EBT's beneficial holding is 1,782,344 Ordinary
Shares representing 3.8 per cent of the issued share capital of the Company.

Participation by certain Directors and PDMRs in the Purchase are outlined in
the table below:

 Director/PDMR     Position                                  Ordinary Shares Sold  Share Sale Price  Resultant Holding  % of total voting rights
 Gavin Patterson   Chair                                     176,991               565p              439,679            0.9%
 Simon Retter      Non-Executive Director                    88,496                565p              288,237            0.6%
 Ian Ferguson      Executive Director                        176,991               565p              2,417,091          5.1%
 Nicholas Willott  Finance Director & Company Secretary      20,000                565p              254,073            0.5%
 Clare Filby       Chief Operating Officer                   35,398                565p              498,400            1.1%
 Eric Rich         Partner                                   79,651                565p              592,118            1.3%
 Brandon Bichler   Partner                                   69,479                565p              642,712            1.4%
 Dieter Halfar     Partner                                   44,248                565p              316,461            0.7%
 Daniel Garsin     Partner                                   24,651                565p              221,855            0.5%

 

 

For further information please contact:

 Elixirr International plc

 Stephen Newton, CEO

 Graham Busby, CFO

 Public and Investor Relations contacts:

 investor-relations@elixirr.com

 Cavendish Capital Markets Ltd (Nominated Adviser & Joint Broker)

 Stephen Keys, Charlie Beeson (Corporate Finance)

 Sunila de Silva (Corporate Broking)                                           +44 (0) 20 7220 0500

 Investec Bank plc (Joint Broker)

 Carlton Nelson, Henry Reast (Corporate Broking)                                   +44 (0) 20 7597 4000

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.

 

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                                                         1.   Gavin Patterson

                                                                    2.   Simon Retter

                                                                    3.   Ian Ferguson

                                                                    4.   Nicholas Willott

                                                                    5.   Clare Filby

                                                                    6.   Eric Rich

                                                                    7.   Brandon Bichler

                                                                    8.   Dieter Halfar

                                                                    9.   Daniel Garsin

 2.    Reason for the Notification
 a)    Position/status                                              1.   Director

                                                                    2.   Director

                                                                    3.   Director

                                                                    4.   PDMR

                                                                    5.   PDMR

                                                                    6.   PDMR

                                                                    7.   PDMR

                                                                    8.   PDMR

                                                                    9.   PDMR
 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)                                       Director/PDMR     Price(s)  Volume(s)
                                                                    Gavin Patterson   565p      176,991
                                                                    Simon Retter      565p      88,496
                                                                    Ian Ferguson      565p      176,991
                                                                    Nicholas Willott  565p      20,000
                                                                    Clare Filby       565p      35,398
                                                                    Eric Rich         565p      79,651
                                                                    Brandon Bichler   565p      69,479
                                                                    Dieter Halfar     565p      44,248
                                                                    Daniel Garsin     565p      24,651

 
 d)    Aggregated information:

       · Aggregated volume                                          As in 4c) above

       · Price
 e)    Date of the transaction                                      8 July 2024
 f)    Place of the transaction                                     Off market transaction

 

d)

Aggregated information:

· Aggregated volume

· Price

 

As in 4c) above

e)

Date of the transaction

8 July 2024

f)

Place of the transaction

Off market transaction

 

 

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