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Elixirr Non-Executive Director Increases Stake Through Market Purchase

Story Highlights
  • Elixirr’s non-executive director Simon Retter and his daughter purchased additional ordinary shares in the company.
  • Retter’s total beneficial holding rose to 244,824 shares, about 0.49% of Elixirr’s issued capital, signalling increased insider ownership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Elixirr Non-Executive Director Increases Stake Through Market Purchase

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Elixirr International Plc ( (GB:ELIX) ) just unveiled an update.

Elixirr International reported that non-executive director Simon Retter bought 883 ordinary shares and his daughter, Evelyn Retter, acquired 382 shares in the company at 679.50 pence each. Following these purchases, Retter’s total beneficial holding, including his daughter’s shares as a closely associated person under market abuse rules, stands at 244,824 shares, or about 0.49% of Elixirr’s issued share capital.

The transactions, executed on 26 February on the London Stock Exchange, modestly increase insider ownership in the consultancy, a move often watched by investors as a potential sign of confidence in the company’s prospects. The disclosure complies with regulatory requirements for reporting dealings by persons discharging managerial responsibilities and their closely associated persons.

The most recent analyst rating on (GB:ELIX) stock is a Buy with a £959.00 price target. To see the full list of analyst forecasts on Elixirr International Plc stock, see the GB:ELIX Stock Forecast page.

Spark’s Take on GB:ELIX Stock

According to Spark, TipRanks’ AI Analyst, GB:ELIX is a Outperform.

Elixirr International Plc’s overall stock score is driven by its strong financial performance and positive corporate events, which highlight its growth trajectory and strategic positioning. However, bearish technical indicators suggest caution in the short term. The valuation is fair, supporting a balanced investment outlook.

To see Spark’s full report on GB:ELIX stock, click here.

More about Elixirr International Plc

Elixirr International is a global, award-winning consulting firm that positions itself as a challenger to traditional large consultancies. Founded in 2009, it works with clients across a wide range of industries and geographies, focusing on collaborative delivery and innovative thinking, and has expanded through multiple boutique acquisitions and a London Stock Exchange Main Market listing.

Average Trading Volume: 56,068

Technical Sentiment Signal: Sell

Current Market Cap: £327.5M

Learn more about ELIX stock on TipRanks’ Stock Analysis page.

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