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Elixirr International PLC - London-based consultancy - Chief Executive Officer Stephen Newton, Chief Financial Officer Graham Busby, Non-Executive Chair Gavin Patterson and several other directors and partners intend to sell at least 551,724 shares through a placing, set at 725 pence per share, totalling £4.0 million.
Elixirr says the placing is in order to satisfy strong institutional demand. FinnCap Ltd is acting as sole bookrunner. Some of the selling partners will use the proceeds to satisfy in part loans provided by the company.
Current stock price: 770.00 pence
12-month change: up 41%
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