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AIM

Schedule One Update - Elixirr International plc
RNS Number : 0049S
AIM
06 July 2020
 

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")


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

 

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

 

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.

 

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

 

Approximately 61.7 per cent.

 

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

 

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):

 

Shareholder

% of issued share capital immediately prior to Admission

% of issued share capital on Admission

Stephen Alexander Newton

46.4%

33.1%

Ian James Anthony Ferguson

8.9%

6.3%

Graham Edward Busby

5.4%

3.8%

Andrew Roger Curtis

4.9%

3.9%

Mark Vincent Goodyear

4.6%

3.7%

Barry Lewis

3.3%

2.6%

Jo sephina Teresa Riley

3.1%

2.5%

Slater Investments Limited

-

8.8%

Chelverton Asset Management Limited

-

4.4%

Gresham House Asset Management Limited

-

3.7%

 

 

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)  ANTICIPATED ACCOUNTING REFERENCE DATE

(ii)  DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii)  DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

 

(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:

 

www.elixirr.com

 

THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

 

QCA Corporate Governance Code

 

DATE OF NOTIFICATION:

 

6 July 2020

 

NEW/ UPDATE:

 

UPDATE

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
AIMUORRRRBUBRAR
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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