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ELIXIRR INTERNATIONAL PLC
Director's Dealing • Apr 8, 2022
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Director's Dealing
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National Storage Mechanism | Additional information 
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) |
[email protected] +44 (0)20 7220 0500 |
|
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)
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