Business
Admission to AIM and First Day of Dealings
Admission to AIM and First Day of Dealings.
About this update from Elixirr International Plc
[{"type":"text","content":"\n \n \n RNS Number : 4531S\n Elixirr International PLC\n 09 July 2020\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUE A VIOLATION OF THE SECURITIES LAWS OF THESE JURISDICTIONS.\n \n \n For immediate release\n \n \n 9 July 2020\n \n \n ELIXIRR INTERNATIONAL PLC\n \n \n (\"Elixirr\", the \"Company\" or the \"Group\")\n \n \n Admission to Trading on AIM \n \n \n and \n \n \n First Day of Dealings \n \n \n \n \n \n Elixirr, an established, global award-winning challenger consultancy, is pleased to announce the admission of its entire issued and to be issued ordinary share capital to trading on the AIM Market of the London Stock Exchange. Admission will occur at 8.00 a.m. today, under the ticker \"ELIX\" and the ISIN GB00BLPHTX84.\n \n \n The Company has successfully raised £20.0 million (before expenses) by way of an oversubscribed placing of 9,216,590 new Ordinary Shares with institutional and other investors at a price of 217 pence per Ordinary Share (the \"Placing Price\"). In addition, 2,304,148 existing Ordinary Shares have been placed on behalf of the Selling Shareholders at the Placing Price, raising gross proceeds of £5.0 million. \n \n \n The Company's market capitalisation at the Placing Price on Admission is £98.1 million. finnCap is acting as Nominated Adviser and sole Broker to the Company. \n \n \n The Company's AIM admission document is available to view on the Company's website: \n \n www.elixirr.com\n \n . \n \n \n \n \n \n Stephen Newton, Chief Executive of Elixirr International plc commented: \n \n \n \"Listing on AIM today marks an incredible chapter in Elixirr's story. The vision I had for the firm in 2009 remains - to become a world-leading consultancy. Admission to the exchange will further support our reputation as the challenger consultancy and provide the capital to accelerate our integrated strategy, growing off the great platform we have created.\n \n \n This huge achievement is a culmination of the exceptional work and partnership with ou...