Directors’ Deals: Elixirr bosses free up shares for staff incentive scheme

Quick Summary:

The company’s order book dropped by 26 per cent in the year to March to £88.4mn, which it said was due to some destocking and a normalisation of demand in its components arm following an “exceptional” previous year.

Following the sales, Marsh still holds over 250,000 shares, or a stake of around 2.2 per cent.

This is reflected in Elixirr’s share price, which has fallen by 7 per cent since the start of the year.

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Article Details

Author / Journalist: Jemma Slingo

Category: MarketsFinanceInvesting

Markets: United StatesMali

Topics: Shares Stock Elixirr Partners Cent Executive Company Year Marsh Stake Share

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 17:00:16 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 869 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21685863

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Official Website: ft.com

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News Last Updated: 17 hours ago

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