Schedule One Update - Elixirr International plc

COMPANY NAME:

Elixirr International plc ("Elixirr" or the "Company")

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Trading Address:

100 Cheapside

London

EC2V 6DT

United Kingdom

Registered Office:

12 Helmet Row

London

EC1V 3QJ

United Kingdom

COUNTRY OF INCORPORATION:

United Kingdom

www.elixirr.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

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, which was founded in 2009, accordingly considers itself "The Challenger Consultancy", offering a wide range of expertise and capabilities, including defining strategy and driving business improvement with the aim of solving the challenges experienced by its clients. These challenges include: future-proofing against technological disruption; development and roll-out of new products, services and businesses; navigating a more complex and multinational regulatory environment; and project management and implementation of major change programmes.

Since its inception, Elixirr has worked with over 150 clients across 25 countries spanning Europe, North America, Africa, Asia and Australia, with offices in the UK and permanent presence (and employees) in the US and South Africa. In this period, Elixirr has successfully grown and diversified its client base by industry and geography and now acts internationally for globally-recognised clients including Allianz, BBC, British American Tobacco, Harrods, IWG (formerly Regus) and LVMH

The Company's main country of operation is the United Kingdom but has operations in USA and South Africa.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

45,197,790 ordinary shares of 0.005 pence each

No ordinary shares are or will be held in treasury.

The ordinary shares will be freely transferable and have no restrictions as to transfer placed on them.

CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Capital to be raised on Admission: £25.0 million including secondary offering of £5.0 million.

Anticipated market capitalisation on admission £98.1 million.

Approximately 61.7 per cent.

N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Gavin Echlin Patterson - Independent Non-Executive Chairman

Stephen Alexander Newton - Chief Executive Officer

Graham Edward Busby - Chief Financial Officer

Ian James Anthony Ferguson - Executive Director and General Counsel

Charlotte Alexandra Stranner - Independent Non-Executive Director

Simon James Retter - Independent Non-Executive Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

Penningtons Manches Cooper LLP

CMS Cameron McKenna Nabarro Olswang LLP

Shipleys LLP

KPMG LLP

(i)         31 December

(ii)        31 December 2019

(iii)       31 September 2020 (6 month unaudited results to 30 June 2020);

30 June 2021 (12 month audited results to 31 December 2020);

31 September 2021 (6 month unaudited results to 30 June 2021).

EXPECTED ADMISSION DATE:

9 July 2020

NAME AND ADDRESS OF NOMINATED ADVISER:

finnCap Ltd

1 Bartholomew Close

London

EC1A 7BL

NAME AND ADDRESS OF BROKER:

finnCap Ltd

1 Bartholomew Close

London

EC1A 7BL

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

DATE OF NOTIFICATION:

6 July 2020

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UPDATE