Arria NLG PLC Funding update (0178V)

TIDMNLG

RNS Number : 0178V

Arria NLG PLC

04 August 2015

4 August 2015

Arria NLG plc ("Arria" or the "Company")

Capital Funding Update

Arria NLG plc (AIM:NLG), a technology leader in Natural Language Generation ("NLG"), today provides the following update on its recent capital raising.

On 30 June 2015, the Company announced it had raised GBP3.75 million (approximately US$6.0 million) through a combination of the subscription of new convertible loan notes and the early drawdown of an existing loan note. Of the gross GBP3.75 million of funds committed in June 2015, the Company now expects to receive, before costs, approximately GBP2.9 million (US$4,560,000) during the next two weeks, with the balance expected during August 2015.

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

 
Arria NLG plc                                       Tel +44 (0) 20 7100 4540 
 Stuart Rogers - Chairman and Chief Executive 
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Allenby Capital - Nominated Adviser & Joint Broker  Tel: +44 (0) 20 3328 5656 
 Nick Naylor 
 Jeremy Porter 
 James Reeve 
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MSL Capital Markets - Lead Manager                  Tel: +64 (0) 4 472 2716 
 Andrew McDouall 
 Justine Dunnett 
 Peter Lynds 
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Westhouse Securities - Joint Broker                 Tel: +44 (0) 20 7601 6100 
 Antonio Bossi 
 Robert Finlay 
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IFC Advisory - Financial PR and IR                  Tel: +44 (0) 20 3053 8671 
 Tim Metcalfe                                       tim.metcalfe@investor-focus.co.uk 
 Graham Herring                                     graham.herring@investor-focus.co.uk 
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This information is provided by RNS

The company news service from the London Stock Exchange

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