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Convertible Loan Note

10th Aug 2015 13:56

RNS Number : 6100V
Artilium PLC
10 August 2015
 

Artilium plc

("Artilium" or the "Company")

 

Convertible Loan Note

 

Artilium plc (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, announces that, further to the announcement on 6 July 2015, the Company has issued a convertible loan note to an existing shareholder for a cash amount of €200,000. The convertible loan note is repayable in full in January 2016 at a rate of eight per cent or convertible into new ordinary shares in the Company at a price of 6 pence per share.

 

 

For further information please contact: 

 

Artilium PLC

 +32 (0) 5023 0300

Bart Weijermars - Chief Executive Officer

finnCap Ltd

Stuart Andrews/Jonny Franklin-Adams/Scott Mathieson (corporate finance)

Joanna Weaving (corporate broking)

 

 +44 (0)20 7220 0500 

About Artilium

 

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® 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® 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 about 1.5 Million 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
 
END
 
 
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