Artilium PLC Issue of Equity (1645X)

TIDMARTA

RNS Number : 1645X

Artilium PLC

17 February 2017

Artilium plc

("Artilium" or the "Company")

Issue of Equity

Artilium plc (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, announces that it has issued 1,083,744 new ordinary shares of 5p each ("Ordinary Shares") in the capital of the Company at an issue price of 7p per Ordinary Share in respect of services provided to the Company during the calendar year 2016.

Application has been made for the 1,083,744 new ordinary shares in the Company to be admitted to trading on AIM and admission is expected to take place on 22 February 2017. The new ordinary shares will rank pari passu with the existing ordinary shares of the Company.

Following admission the total number of issued Ordinary Shares in the Company will be 311,018,425 Ordinary Shares. This figure may be used by shareholders of the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to the interest in, the Company under the FSA's Disclosure and Transparency Rules.

For further information please contact:

 
 Artilium plc 
  Bart Weijermars - Chief Executive          +32 (0)502 
  Officer                                     30300 
 
 
 finnCap Ltd 
  Jonny Franklin-Adams & Scott Mathieson 
  (corporate finance)                        [phone] 
  Camille Gochez (corporate broking)          0500 
 

About Artilium

Artilium is a demonstrated leader in the development of next generation communication technologies. Artilium's strategy focuses on supporting its customers to successfully grow their business by providing flexible, cost effective and innovative solutions.

Artilium's innovation-driven strategy empowers telecom operators around the globe to face the tremendous challenges ahead. We combine next-generation technology with traditional telecom environments to create exciting new business opportunities for our customers. This ensures that our customers are able to keep up with rapidly evolving market demands while simultaneously growing their businesses.

ARTA(R) is the real-time Authentication, Authorization and Accounting (AAA) software that brings a full suite of new functionalities to telecom Operators and virtual Operators. Thanks to ARTA(R) value-added services portfolio, including for instance AAA of voice, text and data services, VoIP, 3G and 4G compliance, mobile payments and location-based services, our partners are more than ready to meet future customer needs.

Today, multiple renowned national and international telecommunication companies rely on Artilium to deliver voice, text and data services to about 1.5 Million end users every day.

Artilium's "Pay-As-You-Grow" model allows us to scale our solutions to the exact needs of our customers. As a latest innovation, Artilium offers its product suite from the Cloud as a PAAS (Platform As A Service), yielding ARTA's scalability, flexibility and proven stability.

Artilium PLC is a publicly listed software company on the London Stock Exchange (LSE/AIM: ARTA).

This information is provided by RNS

The company news service from the London Stock Exchange

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February 17, 2017 03:10 ET (08:10 GMT)