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DXS INTERNATIONAL PLC (AQSE: DXSP): Issue of ...
DXS International plc has issued 5,025,729 new ordinary shares valued at £62,821.61 to settle obligations totalling £402,057.52, with directors, employees, and consultants participating. Chairman Bob Sutcliffe received 259,574 shares, increasing his holding to 2.38%, while DL Services London Limited, associated with CEO David Immelman's wife, was allotted 405,888 shares, bringing their combined interest to 10.09%. The shares were issued at an effective rate of 8 pence per share, significantly below the mid-market price of 1.25 pence. Following these transactions, the total number of shares in issue is 69,047,853, with 59.55% in public hands. Disclaimer*
About this update from Dxs International Plc
[{"type":"text","content":"\n\n \n \n\n DXS INTERNATIONAL PLC (AQSE: DXSP): Issue of New Shares and Notification of Director / PDMR Dealings\n\nThe information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018 as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019. Upon publication of this announcement, this inside information is now considered to be in the public domain. 15 May 2026 DXS INTERNATIONAL PLC (AQSE: DXSP) Issue of New Shares and Notification of Director / PDMR Dealings The Board of DXS International plc (“the Company” or “DXSP”), the AQSE Growth Market quoted healthcare information and digital clinical decision support systems provider, announces the issue of new shares to certain directors, employees and external advisers to settle existing obligations, loans and monies due. By agreements concluded during April 2026 a total of 5,025,729 new shares were agreed to be issued with a market value of £62,821.61 (valued at the mid-market price of 1.25 pence) in exchange for obligations totalling £402,057.52. Mr Bob Sutcliffe, chairman and DL Services London Limited (\"DL Services\"), a company owned by Mr Immelman’s wife participated in the above referred to share issue. DL Services London Limited was allotted 405,888 DXS Ordinary Shares. Following the issue to DL Services and including Mr Immelman's interest in DXS is 6,969,717 Ordinary Shares representing 10.09% of the issued share capital of the Company. Mr Sutcliffe was allotted 259,574 DXS Ordinary Shares and following the issue his interest in DXS is 1,643,330 Ordinary Shares representing 2.38% of the issued share capital of the Company. Various other employees, shareholders and consultants also participated. David Immelman CEO said, “We appreciate the vote of confidence in the Company given by those employees and consultants concerned, in accepting shares in place of cash agreed at the point of the salary sacrifice, fees in lieu or loan at an effective rate of 8 pence per share compared to the mid-market price of 1.25p.” The shares were formally allotted on 30 April 2026. Following these transactions:Total number of Shares in Issue: 69,047,853 Ordinary Shares of 0.33p each Numbe...