8th Aug 2016 08:03
LONDON (Alliance News) - Artificial intelligence technology company Arria NLG on Monday announced changes to its management team as it prepares to transition its primary listing to the New Zealand Stock Exchange main board from London's AIM market.
To facilitate the transition, which includes new secondary listings on the Australian Securities Exchange main board and the main market of the London Stock Exchange, Arria has appointed former Non-Executive Director Sharon Daniels as chair of the board and, until the listings, as chief executive of the company.
Once the listings take place, Arria anticipates Founder and Chief Strategy Officer Matthew Gould taking over as CEO while Daniels remains as chair.
"The board believes that Ms Daniels is highly regarded in the New Zealand market and has the unique experience of having transitioned Diligent Corp, a foreign company, to the NZSX market in an executive director role," Arria said in a statement.
In addition, Arria has appointed Falcon Clouston as deputy chairman. Clouston has 30 years' experience in New Zealand capital markets, having served as a director and chairman of a number of private and public companies, Arria said.
This comes after the resignations of outgoing Chairman & CEO Stuart Rogers and Non-Executive Director Michael Higgins.
Shares in Arria were untraded on AIM on Monday morning, last quoted at 14.55 pence.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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