Arria NLG PLC Directorate Changes (4462M)

TIDMNLG

RNS Number : 4462M

Arria NLG PLC

13 October 2016

Arria NLG plc

("Arria NLG", or "Arria")

Directorate changes

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.

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.

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.

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.

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 
 
   *    Titan Cranes Ltd                     *    New Zealand Fast Forward Fund Ltd 
 
 
   *    Titan Holdings Ltd                   *    Perpetual Capital Management Ltd 
 
 
   *    Titan Plant Services Ltd             *    Palliser Estate Wines of Martinborough Ltd 
 
 
   *    The Colonial Motor Company Ltd       *    Abacus Biotech Ltd 
 
 
   *    Titan Construction Equipment Ltd     *    Hercules Asset Management Ltd 
 
 
   *    Hubbard Foods Ltd                    *    Wellington Merchants Properties Ltd 
 
 
   *    Results.com Ltd                      *    Thrace International Ltd 
 
 
   *    Wellington Merchants Ltd             *    Oviglo Ltd 
 
 
   *    Arria NLG Ltd                        *    Wellington Merchants Trustee Company Ltd 
 
 
   *    Rewetu Farm Ltd 
 
 
   *    Cloucorp Ltd

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

 
Arria NLG plc - Chairman        Tel +44 (0)20 7100 4540 
 and Interim Chief Executive 
 Sharon Daniels 
----------------------------  ----------------------------------------- 
Allenby Capital (Nominated      Tel: +44 (0)20 3328 
 Adviser & Joint Broker)         5656 
 Nick Naylor 
 Jeremy Porter 
 James Reeve 
----------------------------  ----------------------------------------- 
MSL Capital Markets             Tel: +64 (0)4 472 2716 
 (Lead Manager) 
 Andrew McDouall 
 Justine Dunnett 
 Peter Lynds 
----------------------------  ----------------------------------------- 
Stockdale Securities            Tel: +44 (0)20 7601 
 (Joint Broker)                  6100 
 Antonio Bossi 
 Robert Finlay 
----------------------------  ----------------------------------------- 
IFC Advisory (Financial         Tel: +44 (0)20 3053 
 PR 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         Tel: +1 203-246-1304 
 Coast) 
----------------------------  -----------------------------------------

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 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

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