Director/PDMR Shareholding

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: Caroline Pitt finnCap Ltd (Nominated Adviser & Sole Broker) Christopher Raggett / Kate Bannatyne (Corporate Finance) Alice Lane / Sunila De Silva (ECM)	[e-mail]   [phone]

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)

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)

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)

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)

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)

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)

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)

 

END

 

 

DSHSSMFIAEESESL