2nd Aug 2017 07:00
Artilium plc
("Artilium" or the "Company")
Issue of Equity
Artilium plc (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, announces that it has issued 4,403,718 new ordinary shares of 5p each ("Ordinary Shares") in the capital of the Company at an issue price of 7.8p per Ordinary Share to various members of staff in lieu of cash as part of their contracted salaries during the calendar year 2016 and shares at the start of the engagement for Rupert Hutton CFO on 1 July 2017.
Following the issue of these shares, the interests of the Directors will be as follows:
Director | Shares held prior to Admission | Shares received pursuant to issue of equity | Number of Shares after Admission | Percentage of Enlarged Share Capital | ||
Jan Paul Menke (Non-Executive Chairman) | 6,083,184 | 853,653 |
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Bart Weijermars (CEO) | 863,633 | 1,560,000 |
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Rupert Hutton (CFO) | 0 | 256,410 |
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Gerard Dorenbos (Non-Executive Director) | 59,602,046 | 227,641 |
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Bote De Vries (Non-Executive Director) | 6,083,184 | 227,641 | 6,310,825 |
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Application has been made for the 4,403,718 new Ordinary Shares in the Company to be admitted to trading on AIM and the new Ordinary Shares will rank pari passu with the existing ordinary shares of the Company.
Application has also been made for a further 1,510,314 new Ordinary Shares in the Company to be admitted to trading on AIM in relation to the settlement of historic supplier creditor balances. These new Ordinary Shares will also rank pari passu with the existing Ordinary Shares of the Company.
Admission of the 5,914,032 new Ordinary Shares is expected to take place on 4 August 2017. Following Admission, the total number of issued Ordinary Shares will be 313,588,578*. This figure may be used by shareholders of the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to the interest in, the Company under the FCA's Disclosure and Transparency Rules.
*Please note that following a full reconciliation of the Company's shares in issue by the Company and its advisers the above stated number of 313,588,578 should be used by shareholders of the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to the interest in, the Company under the FCA's Disclosure and Transparency Rules. This figure has been slightly overstated historically.
For further information please contact:
Artilium PLC |
+32 (0) 5023 0300 |
Bart Weijermars - Chief Executive Officer |
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finnCap Ltd Jonny Franklin-Adams / Scott Mathieson (corporate finance) Camille Gochez (corporate broking)
| +44 (0) 207 220 0500
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Buchanan | +44 (0) 207 466 5000 |
Richard Darby / Jamie Hooper / Catriona Flint
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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).
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Jan Paul Menke | ||||
| Reason for the notification | |||||
a) | Position/status: | Director - Non-Executive Chairman | ||||
b) | Initial notification/Amendment: | Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Artilium plc | ||||
b) | LEI: | n/a | ||||
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 5 pence per share GB00B1L7NQ30 | ||||
b) | Nature of the transaction: | Issue of shares in lieu of cash | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 2017-08-02
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f) | Place of the transaction: | London Stock Exchange | ||||
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Bart Weijermars | ||||
| Reason for the notification | |||||
a) | Position/status: | Director - Chief Executive Officer | ||||
b) | Initial notification/Amendment: | Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Artilium plc | ||||
b) | LEI: | n/a | ||||
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 5 pence per share GB00B1L7NQ30 | ||||
b) | Nature of the transaction: | Issue of shares in lieu of cash | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 2017-08-02
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f) | Place of the transaction: | London Stock Exchange | ||||
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Rupert Hutton | ||||
| Reason for the notification | |||||
a) | Position/status: | Director - CFO | ||||
b) | Initial notification/Amendment: | Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Artilium plc | ||||
b) | LEI: | n/a | ||||
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 5 pence per share GB00B1L7NQ30 | ||||
b) | Nature of the transaction: | Issue of shares in lieu of cash | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 2017-08-02
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f) | Place of the transaction: | London Stock Exchange | ||||
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Gerard Dorenbos | ||||
| Reason for the notification | |||||
a) | Position/status: | Director - Non-Executive Director | ||||
b) | Initial notification/Amendment: | Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Artilium plc | ||||
b) | LEI: | n/a | ||||
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 5 pence per share GB00B1L7NQ30 | ||||
b) | Nature of the transaction: | Issue of shares in lieu of cash | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 2017-08-02
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f) | Place of the transaction: | London Stock Exchange | ||||
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Bote De Vries | ||||
| Reason for the notification | |||||
a) | Position/status: | Director - | ||||
b) | Initial notification/Amendment: | Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Artilium plc | ||||
b) | LEI: | n/a | ||||
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of 5 pence per share GB00B1L7NQ30 | ||||
b) | Nature of the transaction: | Issue of shares in lieu of cash | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 2017-08-02
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f) | Place of the transaction: | London Stock Exchange | ||||
Related Shares:
ARTA.L