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Share Name Share Symbol Market Type Share ISIN Share Description
Ixico Plc LSE:IXI London Ordinary Share GB00BFXR4C20 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 81.50 81.00 82.00 81.50 81.50 81.50 39,162 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 9.5 0.9 2.0 40.3 39

CIP Merchant Capital Ltd Further investment in Ixico plc

15/06/2021 7:00am

UK Regulatory (RNS & others)


Ixico (LSE:IXI)
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TIDMCIP TIDMIXI

RNS Number : 8669B

CIP Merchant Capital Ltd

15 June 2021

15 June 2021

CIP MERCHANT CAPITAL LIMITED

("CIP" or the "Company")

Further investment in Ixico plc

CIP is pleased to announce that, further to its announcement of 15 April 2021, it has acquired a further 150,000 ordinary shares of 1p each in Ixico plc (AIM: IXI) ("Ixico"), the artificial intelligence data analytics company delivering insights in neuroscience, for a total consideration of approximately GBP0.12 million.

Accordingly, CIP is now interested in, in aggregate, 3,374,500 ordinary shares of Ixico, representing approximately 7.03 per cent. of Ixico's issued share capital.

For the six month period ended 31 March 2021, Ixico achieved revenue of GBP4.9 million, gross profit of GBP3.3 million and a net profit attributable to its equity holders of GBP0.84 million. As at 31 March 2021, Ixico had cash and cash equivalents of GBP7.01 million and net assets of GBP10.39 million.

For further information, please contact :

 
Merchant Capital Manager Limited (Investment Manager) 
 Wikus Van Schalkwyk                                    +44 1481 749363 
Strand Hanson Limited (Nominated Adviser and Broker) 
 James Bellman / Matthew Chandler / Ritchie Balmer      +44 20 7409 3494 
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018.

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END

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June 15, 2021 02:00 ET (06:00 GMT)

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