Company update October 04 2017

04 October 2017

Arria NLG plc
(“Arria NLG” or the “Company”) 

Company update

Arria NLG plc, a leader in Artificial Intelligence and Natural Language Generation (“NLG“), is pleased to provide the following updates. This and other announcements will be made via the Company’s website and via email to subscribers of Arria NLG Investor News.

 

Extension of the Expiration of Formerly AIM-quoted Warrants

In a 4 July 2016 announcement (RNS number 10995D), the Company updated the market on its plans for a statutory scheme of arrangement that would result in the Arria group having a New Zealand company as the group’s holding company suitable for listing on the New Zealand Stock Exchange. These plans remain in effect and the Company will make further announcements in due course.

The 4 July 2016 announcement also disclosed the Company’s plan to extend the expiry date of its AIM-quoted warrants from 30 September 2017 to 15 March 2019.

On 28 September 2017 the Company’s Board of Directors passed a resolution confirming the extension of the expiration date of the Company’s formerly AIM-quoted warrants to 15 March 2019. Holders of the warrants will have this additional time to exercise the warrants that would otherwise have expired on 30 September 2017.

 

For further information, please visit www.arria.com or contact:

Arria NLG plc – Chairperson and Chief Executive

Sharon Daniels

Tel +44 (0)20 7100 4540
Rainmaker Securities LLC (US broker/dealer) 
500 N. Michigan Avenue, Suite 600Chicago, IL 60611
Glen Anderson
Stuart Sugarman
Tel: + 1(312) 254-5048

 

Arria NLG

Arria NLG’s core product is known as the Arria NLG Platform, a form of artificial intelligence software, specialised in extracting information from complex data sources and communicating that information in natural language (i.e. as if written by a human). The scientific foundation for the Arria NLG Platform is based on more than 30 years of research and development by the Arria Data2Text Founders at the University of Aberdeen.

For additional information, visit www.arria.com. Follow Arria NLG on TwitterLinkedInGoogle+ and YouTube.

Latest news

04 October 2017 – Investor Information

Company Update October 2017

Extension of the Expiration of Formerly AIM-quoted Warrants
In a 4 July 2016 announcement (RNS number 10995D), the Company updated the market on its plans for a statutory scheme of arrangement that would result in the Arria group having a New Zealand company as the group’s holding company suitable for listing on the New Zealand Stock Exchange. These plans remain in effect and the Company will make further announcements in due course.

Read more


26 July 2017 – Investor Information

Company Update July 2017

Update On Capital Raise & Listing and Business Strategy

As previously announced, in advance of the proposed NZX Listing, Arria NLG appointed Rainmaker Securities, a Chicago-based registered broker-dealer that specializes in sourcing capital for growth issuers, particularly in the technology sector, to assist in a US private offering to accredited investors as part of a subscription offer of NZ $25 million.

Read more