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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Arria Nlg Ords | LSE:NLG | London | Ordinary Share | GB00BGDFBC25 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.50 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Nov 2019 to Nov 2024
TIDMNLG
RNS Number : 6705P
Arria NLG PLC
21 November 2016
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO, OR FROM ANY JURSIDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 ("MAR")
21 November 2016
Arria NLG plc
("Arria NLG" or the "Company")
Update on Loan Note Subscriptions
Arria NLG (AIM: NLG), a leader in Artificial Intelligence and Natural Language Generation ("NLG"), today provides an update on the Company's progress.
Loan note subscriptions
As announced on 3 October 2016, Arria has received agreement for subscriptions for approximately GBP2.7 million of unsecured convertible loan notes (the "Loan Notes"). As at the date of this announcement, the Company has received GBP1.1 million of the GBP2.7 million relating to the Loan Notes and expects to receive the balance of approximately GBP1.6 million by 15 December 2016, in accordance with the terms of the subscription agreements. It should be noted that, as the underlying Loan Note subscriptions are denominated in US dollars, the final amounts received from the subscribers may be impacted by foreign exchange differences.
For further information, please visit www.arria.com or contact:
Arria NLG plc - Chairman Tel +44 (0)20 7100 and Interim Chief Executive 4540 Sharon Daniels Allenby Capital (Nominated Tel: +44 (0)20 3328 Adviser & Joint Broker) 5656 Nick Naylor Jeremy Porter James Reeve MSL Capital Markets (Lead Tel: +64 (0)4 472 Manager) 2716 Andrew McDouall Justine Dunnett Peter Lynds Stockdale Securities (Joint Tel: +44 (0)20 7601 Broker) 6100 Antonio Bossi Robert Finlay IFC Advisory (Financial PR Tel: +44 (0)20 3053 and IR) 8671 Tim Metcalfe tim.metcalfe@investor-focus.co.uk Graham Herring graham.herring@investor-focus.co.uk Heather Armstrong heather.armstrong@investor-focus.co.uk Ruder Finn (PR USA) Scott Beaver (West Coast) Tel: +1 541-326-5847 Brianna Mulligan (East Coast) Tel: +1 203-246-1304
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 Limited founders at the University of Aberdeen. For additional information, visit www.arria.com. Follow Arria NLG on Twitter, LinkedIn, Google+ and YouTube.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGRBDBRUDBGLB
(END) Dow Jones Newswires
November 21, 2016 03:00 ET (08:00 GMT)
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