13 Oct 2016 08:30
13 October 2016
聽
Arria NLG plc
("Arria NLG", or "Arria")
聽
Directorate changes
聽
聽
Further to the Company's announcement on 8 August 2016, Arria NLG (AIM: NLG), a world leader in artificial intelligence ("AI") and natural language generation ("NLG"), is pleased to announce the appointment of Mr. Falcon Robert Storer Clouston as an independent non-executive director of the Company, with immediate effect.
聽
Falcon Clouston, aged 68, will serve as Deputy Chairman of the Board, Chair of the Audit Committee and a member of the Remuneration Committee. Mr Clouston brings with him thirty years of extensive New Zealand capital markets experience. Mr. Clouston is a New Zealand based professional director with a wealth of governance experience having served as a director and chairman of a number of public and private companies. Mr Clouston has also served on a number of regulatory boards including as a member of the New Zealand Markets Disciplinary Tribunal, on the appeal board of the New Zealand Institute of Chartered Accountants and as a member of the New Zealand Securities Commission.
聽
Additionally, Falcon Coulston has over 30 years' experience in the financial service industry as a merchant banker and share broker in New Zealand. During this time he was a partner and director at Jarden's/CSFB and a member of the New Zealand Stock Exchange. For the past 10 years Falcon Coulston has served as a professional company director. He is based in New Zealand.
聽
As announced on 8 August 2016, with the appointment of Mr. Clouston, Mr. Michael Higgins has stepped down as a director of the Company with effect from today. Mr Higgins has served as Arria NLG's UK based non-executive director since its admission to AIM in December 2013.
聽
Sharon Daniels, Chairman and Interim Chief Executive, commented: "We are delighted to welcome Falcon onto the Board and believe his range and breadth of experience will be an asset to the company and the Board as we transition through to the next stage of our expansion. I would like to personally thank Michael for his dedication to Arria and the contributions and invaluable leadership he provided the Company over the years."
As previously announced, the Company continues to advance its plans for the listing of the securities of a new New Zealand holding company ("Arria NLG Group") on the main board of the New Zealand Stock Exchange and secondary listings on the Australian Securities Exchange and the standard segment of the Main Market of the London Stock Exchange plc. Further announcements will be made in due course.
Regulatory disclosures:
Falcon Robert Storer Clouston, aged, 68, is or has been a director or partner of the following companies or partnerships in the past five years:
Current directorships/partnerships | Past directorships/partnerships 聽 |
路 Titan Cranes Ltd 路 Titan Holdings Ltd 路 Titan Plant Services Ltd 路 The Colonial Motor Company Ltd 路 Titan Construction Equipment Ltd 路 Hubbard Foods Ltd 路 Results.com Ltd 路 Wellington Merchants Ltd 路 Arria NLG Ltd 路 Rewetu Farm Ltd 路 Cloucorp Ltd | 路 New Zealand Fast Forward Fund Ltd 路 Perpetual Capital Management Ltd 路 Palliser Estate Wines of Martinborough Ltd 路 Abacus Biotech Ltd 路 Hercules Asset Management Ltd 路 Wellington Merchants Properties Ltd 路 Thrace International Ltd 路 Oviglo Ltd 路 Wellington Merchants Trustee Company Ltd 聽 聽 |
聽
For further information, please visit www.arria.com or contact:
Arria NLG plc - Chairman and Interim Chief Executive Sharon Daniels 聽 | Tel +44 (0)20 7100 4540 |
Allenby Capital (Nominated Adviser & Joint Broker) Nick Naylor Jeremy Porter James Reeve 聽 | Tel: +44 (0)20 3328 5656 |
MSL Capital Markets (Lead Manager) Andrew McDouall Justine Dunnett Peter Lynds 聽 | Tel: +64 (0)4 472 2716 |
Stockdale Securities (Joint Broker) Antonio Bossi Robert Finlay | Tel: +44 (0)20 7601 6100 |
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong 聽 | Tel: +44 (0)20 3053 8671 tim.metcalfe@investor-focus.co.uk graham.herring@investor-focus.co.uk heather.armstrong@investor-focus.co.uk |
Ruder Finn (PR USA) Scott Beaver (West Coast) Brianna Mulligan (East Coast) | 聽 Tel: +1 541-326-5847 Tel: +1 203-246-1304 |
聽
聽
Arria NLG
聽
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 Twitter, LinkedIn, Google+ and YouTube.
聽
聽