25th Oct 2024 12:27
Elixirr International PLC - London-based business consultancy - A group of selling shareholders, including company directors, bank a total of GBP25.0 million from a placing of 3.8 million shares at 650 pence. The placing, first announced after the London market close on Thursday, is conducted as an accelerated bookbuild by Cavendish Capital Markets Ltd as sole bookrunner. Elixirr says the share sales is to "satisfy strong institutional demand". The sellers include Non-Executive Chair Gavin Patterson, Chief Executive Officer Stephen Newton and Chief Financial Officer Graham Busby. Patterson is the former CEO of BT Group PLC.
Current stock price: 661.00p, down 5.6% in London on Friday
12-month change: up 35%
By Tom Waite, Alliance News editor
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