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On January 14th and 17th, 2025, Elixirr International plc's Employee Benefit Trust (EBT) purchased a total of 439,555 ordinary shares from certain Persons Discharging Managerial Responsibilities (PDMRs). These transactions included sales of 50,000 shares from Chairman Gavin Patterson, 28,571 from Partner Eric Rich, 80,000 from Partner Christopher Jordan, and 10,714 from COO Clare Filby, all at 700p per share. Additionally, CEO Stephen Newton sold 270,270 shares at 740p per share.
| Date | 17 Jan 2025 |
| Time | 13:40:43 |
| Category | Director/PDMR dealings |
| ID | 8175T |
ELIXIRR INTERNATIONAL PLC
("Elixirr", the "Company" or "Group")
Purchase of shares by Employee Benefit Trust
and
PDMR Shareholding
Elixirr International plc (AIM:ELIX), an established, global award-winning challenger consultancy, announces that on 14th and 17th January 2025 the Elixirr International plc Employee Benefit Trust (the "EBT") purchased from certain PDMRs of the Company (the "Purchases") 439,555 ordinary shares in the capital of the Company ("Ordinary Shares") at market price.
The Purchases have been made at the instruction of Apex Group Fiduciary Services Limited as independent trustee of the EBT following recommendations by the Board of the Company. The decision to make the Purchases is to ensure that the EBT has sufficient shares to satisfy demand including for satisfaction of employee equity incentives, equity for new Partners and equity for those joining the firm through acquisition. Accordingly, the Purchases will mitigate the need for dilution in the equity of the Company as it executes on its growth strategy.
Participation by certain Directors and PDMRs in the Purchases are outlined in the table below:
|
Director/PDMR |
Position |
Ordinary Shares Sold |
Share Sale Price |
Resultant Holding |
% of total voting rights |
|
Gavin Patterson |
Chair |
50,000 |
700p |
235,833 |
0.5 |
|
Eric Rich |
Partner and PDMR |
28,571 |
700p |
672,053 |
1.4 |
|
Christopher Jordan |
Partner and PDMR |
80,000 |
700p |
744,893 |
1.5 |
|
Clare Filby |
Chief Operating Officer |
10,714 |
700p |
647,431 |
1.3 |
|
Stephen Newton |
Chief Executive Officer |
270,270 |
740p |
11,432,274 |
23.7 |
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, Deputy Chief Executive Officer
Nick Willott, Chief Financial Officer and Company Secretary
investor-relations@elixirr.com
Cavendish Capital Markets Ltd (Nominated Adviser & Joint Broker) +44 (0)20 7220 0500
Stephen Keys, Callum Davidson, Isaac Hooper (Corporate Finance),
Sunila De Silva (ECM)
Peel Hunt LLP (Joint Broker) +44 (0)20 7418 8900
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 |
Gavin Patterson |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Director (Chair) |
||||
|
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) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
N/A - single transaction |
||||
|
e) |
Date of the transaction |
14 January 2025 |
||||
|
f) |
Place of the transaction |
Off market transaction |
||||
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Eric Rich |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Partner & 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) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
N/A - single transaction |
||||
|
e) |
Date of the transaction |
14 January 2025 |
||||
|
f) |
Place of the transaction |
Off market transaction |
||||
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Christopher Jordan |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Partner & 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) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
N/A - single transaction |
||||
|
e) |
Date of the transaction |
14 January 2025 |
||||
|
f) |
Place of the transaction |
Off market transaction |
||||
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Clare Filby |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Chief Operating Officer & 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) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
N/A - single transaction |
||||
|
e) |
Date of the transaction |
14 January 2025 |
||||
|
f) |
Place of the transaction |
Off market transaction |
||||
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Stephen Newton |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
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 |
Sale of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
N/A - single transaction |
||||
|
e) |
Date of the transaction |
17 January 2025 |
||||
|
f) |
Place of the transaction |
Off market transaction |
||||