Artilium PLC Appointment of CFO (6450J)

TIDMARTA

RNS Number : 6450J

Artilium PLC

30 June 2017

For immediate release 30 June 2017

Artilium plc

("Artilium" or the "Company")

Appointment of Chief Financial Officer

Artilium plc (AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, is pleased to announce the appointment of Rupert Hutton, FCCA as its Chief Financial Officer ('CFO') with effect from 1 July 2017.

Rupert is a highly motivated CFO with over 20 years' management experience in providing all aspects of senior leadership and finance including strategy, financial control, working capital, due diligence, fund raising and change management. He is also CFO of Osirium Technologies plc, a UK based cyber-security software provider, where he orchestrated their successful AIM listing in April 2016. Rupert's time will be divided between the two companies.

He has particular skills in helping businesses grow and prepare for major investment, from private equity and Government funding to listing companies on the AIM market of the London Stock Exchange, including the listing and sale of Atlantic Global Plc. More recently Rupert was CFO of Mitrefinch, a Human Capital Management software business (October 2015 - February 2017), where he helped prepare the business in the lead up to their investment with LDC. Rupert has also held a number of other senior management roles and has a Masters of Business Administration.

Bart Weijermars, Chief Executive Officer of Artilium said:

"I am delighted to welcome Rupert as Chief Financial Officer and I look forward to working with him as we continue to grow and develop the business. Rupert has a wealth of sector experience that is well suited to the needs of Artilium as the Company enters an important period in its global expansion."

-Ends-

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies. Rupert George Hutton, aged 50, has been a director of the following companies during the five years preceding the date of this announcement:

 
 Current directorships      Past directorships 
-------------------------  ------------------------------------ 
 Osirium Technologies Plc   Digital Warrant Systems Limited 
  Osirium Limited            KeyedIn Solutions Holdings Limited 
                             KeyedIn Solutions Limited 
                             KeyedIn Limited 
 

There is no further information to be disclosed pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.

For further information please contact:

About Artilium

 
  Artilium PLC                                          [phone] 
 Bart Weijermars - Chief Executive Officer 
 
 finnCap Ltd 
  Jonny Franklin-Adams / Scott Mathieson (corporate 
  finance)                                              [phone] 
  Camille Gochez (corporate broking)                     0500 
 Buchanan                                               [phone] 
 Richard Darby / Jamie Hooper / Catriona 
  Flint 
 

Notes to editors

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 approximately 1.5m 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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June 30, 2017 02:01 ET (06:01 GMT)