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Arria NLG Plc

INTERVIEW: Arria NLG CEO Expanding listings to New Zealand & Australia

Arria NLG (LON:NLG) Stuart Rogers Chairman and CEO talks to DirectorsTalk about listing on New Zealand and Australia markets. Stuart explains why the move, what this means for investors in London and what proceeds will be used for.

Arria NLG Plc is well advanced in preparing for the listing of the securities of a new holding company on the main board of the New Zealand Stock Exchange (the “NZSX”) and a secondary listing on the Australian Securities Exchange (the “ASX”). Once effected, the group’s primary listing will shift from the London Stock Exchange AIM market (“AIM”) to the New Zealand Stock Exchange.

To maintain the group’s participation in the UK market, concurrent with the Listings, the Arria NLG Group will seek a listing of depository interests (representing shares and warrants) on the standard segment of the Main Market of the London Stock Exchange plc (the “Standard List”) and at the same time the Company will seek the cancellation of the admission to trading on AIM of its existing ordinary shares (the “Existing Ordinary Shares”) and existing quoted warrants (the “Quoted Warrants”).

Arria believes this configuration of a primary listing to the NZSX together with secondary listings on the ASX and the Standard List, will better support Arria’s global expansion plans.

Coinciding with the Listings, a fundraising will occur. The Listings and the Fundraising will be subject to certain regulatory and other consents.

Any new capital raised will be used to support Arria’s commercial momentum by:

· continuing to add new clients and partners;

· developing Arria’s SaaS products, (including a global launching of those products);

· continuing the development of Arria’s core technologies; and

· an extension of the Group’s existing Intellectual Property program by developing new patents and patent applications in the field of NLG.

The Board of Arria currently anticipate that full details of the Listings and the Fundraising will be announced in the current quarter.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.