Grant of Restricted Share Awards

Elixirr International PLC

22 January 2025

 

ELIXIRR INTERNATIONAL PLC

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

Grant of Restricted Share Awards

Elixirr International plc (AIM:ELIX), an established, global, award-winning, challenger consultancy, announces the grant of restricted share awards to Graham Busby, Deputy Chief Executive Officer, and Nick Willott, Chief Financial Officer. Following the recent changes to the board, this grant further aligns the incentives of the executive management team with growing shareholder value.  

The restricted share awards have been granted in respect of ordinary shares of 0.005p each in the Company ("Ordinary Shares"), comprising 476,000 shares to Graham and 135,870 to Nick. The share awards remain subject to forfeiture conditions during the vesting period to 31 December 2027. Until then, the legal title to the shares will be held by the Elixirr International Employee Benefit Trust ("EBT") on behalf of the beneficiaries. Vesting is subject to the continued tenure of each executive during the vesting term and the achievement by the Company of adjusted diluted EPS targets.

Following the awards, Graham has a total beneficial interest in 1,745,390 Ordinary Shares and Nick a total beneficial interest in 393,911 Ordinary Shares, including their persons closely associated.

The awards are being satisfied from existing ordinary shares held within the Company's EBT and as a result, there is no resultant dilution in the equity of the Company.

Enquiries: 

For enquiries, please refer to our Investor Contacts page:

https://www.elixirr.com/investors/investor-contacts

Elixirr International plc                                                                                    [phone]  

Stephen Newton, Chief Executive Officer

Graham Busby, Deputy Chief Executive Officer

Nick Willott, Chief Financial Officer and Company Secretary

[e-mail]

Cavendish Capital Markets Ltd (Nominated Adviser & Broker)  [phone]

Stephen Keys, Callum Davidson (Corporate Finance),

Sunila De Silva (ECM)

Peel Hunt LLP (Joint Broker)                                                                [phone]     

Neil Patel, Ben Cryer, Alice Lane, Kate Bannatyne

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.

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	Graham Busby
2.	Reason for the Notification
a)	Position/status	Deputy Chief Executive Officer
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	Grant of restricted share awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 476,000
d)	Aggregated information: · Aggregated volume · Price	N/A - single transaction
e)	Date of the transaction	21 January 2025
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nick Willott
2.	Reason for the Notification
a)	Position/status	Chief Financial Officer
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	Grant of restricted share awards
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 135,870
d)	Aggregated information: · Aggregated volume · Price	N/A - single transaction
e)	Date of the transaction	21 January 2025
f)	Place of the transaction	Outside a trading venue

 

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