THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE
RESTRICTED AND ARE NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION,
DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED
STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR
ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO
SO.
FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY
AND SHALL NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION,
RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR,
OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN ELIXIRR
INTERNATIONAL PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER
THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE
BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT
DECISION IN RESPECT OF ELIXIRR INTERNATIONAL PLC. PLEASE SEE THE
IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.
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. IN ADDITION,
MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT OF
CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE
RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE
INFORMATION, AS PERMITTED BY MAR. UPON THE PUBLICATION OF THIS
ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN
THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN
POSSESSION OF INSIDE INFORMATION.
ELIXIRR INTERNATIONAL
PLC
("Elixirr", the "Company" or
"Group")
Result of Secondary Placing
of Existing Ordinary Shares in the Company to satisfy strong
institutional demand
Elixirr International plc
(AIM:ELIX), an established, global award-winning, challenger
consultancy, announces that, further to its
announcement released yesterday regarding a placing of existing
shares via accelerated bookbuild ("ABB"), it has closed the ABB and
confirms placement of the maximum amount of £25.0 million through
the placing of 3,846,153 existing ordinary shares of 0.005 pence
each ("Ordinary Shares") in
the capital of Company (the "Placing Shares") at a price of 650
pence per Placing Share (the "Placing") in order to satisfy strong
institutional demand.
Cavendish Capital Markets Limited
("Cavendish") is acting as
sole bookrunner ("Bookrunner") in relation to the
Placing.
A further announcement noting the
number of Placing Shares sold by and subsequent holdings of the
Selling Shareholders who are also Directors or PDMRs of the Company
will be made shortly.
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, Chief Financial
Officer
investor-relations@elixirr.com
Cavendish Capital Markets Ltd (Nominated Adviser & Joint
Broker) +44 (0)20 7220
0500
Stephen Keys, Callum Davidson
(Corporate Finance),
Sunila De
Silva (ECM)
Investec Bank plc (Joint
Broker)
+44 (0) 20 7597 4000
Carlton Nelson, Henry Reast
(Corporate Broking)
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.