09/12/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Issue of Equity

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that it has applied to the London Stock Exchange for 25,238 ordinary shares of £0.125 each in the Company (“Ordinary Shares”) to be admitted to trading on AIM (“Admission”). The new Ordinary Shares are being issued subsequent to an exercise of options over Ordinary Shares by an employee of the Company, at a price of 17.5p.

It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 15 December 2016. On Admission the Company’s issued share capital will comprise 12,391,090 Ordinary Shares, of which none are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 12,391,090. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.

Enquiries:

Arcontech Group plc
020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

06/12/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Holdings in Company

Arcontech (AIM: ARC) announces, following notification received on 5th December 2016, that Colin Michael Bootle is now beneficially interested in 382,060 ordinary shares of £0.125p each in share capital of Arcontech, representing approximately 3.09 per cent of the issued share capital of the Company.

Enquiries:

Arcontech Group plc
020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

02/12/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Additional Client Agreements

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce additional agreements with existing clients to the value of approximately £115,000 pa in new annual recurring revenue as a result of new software licenses provided to those clients. The Agreements are effective from 1st December 2016. The three clients are based in the U.K., Germany and Scandinavia and the licenses are for the Arcontech Symbol mapper, Cache with Calculations Engine and Excelerator products.

Enquiries:

Arcontech Group plc
020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

10/11/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Director Dealing

Arcontech plc, a leading provider of real-time market data management solutions, announces that the Company was notified yesterday that on that same day, Matthew Jeffs, CEO of the Company, purchased 46,000 ordinary shares of £0.125 (“Ordinary Shares”) at a price of 35 pence per share (the “Transaction”).

As a result of the Transaction, Mr Jeffs has an interest in 430,000 Ordinary Shares representing 3.48% of the Company’s issued share capital.

Enquiries:
Arcontech Group plc
020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

Please click here to view full details.

21/10/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

OpenMAMA Steering Committee Membership

Arcontech plc, a leading provider of real-time market data management solutions, is pleased to announce it has been elected as a member of the Steering Committee for OpenMAMA, an open source project hosted by the Linux Foundation. Current Steering Committee members consist of J.P. Morgan, Vela Trading Technologies, Solace Corporation and Tick42 and in joining them Arcontech will provide additional expertise towards the provision of OpenMAMA’s open and agnostic solutions. OpenMAMA is used widely across the financial community where it enables high performance connectivity for data and messaging between organisations and systems.

Matthew Jeffs, CEO of Arcontech said:
“We are very happy to join and contribute to the OpenMAMA project where we can leverage our experience in providing flexibility and choice within the financial marketplace. Of late we have seen significant interest and uptake of OpenMAMA by large financial institutions, and having built and integrated some rather involved software with the OpenMAMA code for our clients, feel we are well placed to contribute”.

For more on Arcontech see: http://www.arcontech.com

For more on OpenMAMA see: http://www.openmama.org

Enquiries:

Arcontech Group plc
020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

19/10/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Holdings in Company

Arcontech (AIM: ARC) announces, following notification received on 19 October 2016, that Suresh Chari is now beneficially interested in 588,342 ordinary shares of £0.125p each in share capital of Arcontech, representing approximately 4.76 per cent of the issued share capital of the Company.

Enquiries:

Arcontech Group plc
020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

27/09/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Result of AGM and Share Consolidation

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that at the Company’s Annual General Meeting (“AGM”) held earlier today, all resolutions were duly passed.

Share Consolidation

Following approval by shareholders at the AGM, every 125 existing ordinary share of £0.001 each (“Existing Ordinary Shares”) will be consolidated into 1 new ordinary share of £0.125 (“New Ordinary Shares”). The record date for the share consolidation is 5.00 p.m. today, 27 September 2016.

Additional allotment

The Company issued a total of 5,499,659 Existing Ordinary Shares relating to an exercise of warrants in September 2003 and exercises of options in July 2004 and May 2016 that were erroneously not admitted to trading on AIM. Therefore, to rectify this situation, application has been made for these Existing Ordinary Shares to be admitted to trading on AIM, when they will rank pari passu with the Existing Ordinary Shares in issue. The admission of these Existing Ordinary Shares does not affect the Company’s issued share capital.

Total Voting rights

Pursuant to the Share Consolidation, application has been made for the New Ordinary Shares to be admitted to trading on AIM (“Admission”) and dealings are expected to commence at 8.00 am on 28 September 2016 with ISIN GB00BDBBJZ03. The total number of New Ordinary Shares in issue following Admission will be 12,365,852.

The above figure of 12,365,852 should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure and Transparency Rules.

Enquiries:

Arcontech Group plc
020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

23/09/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Expanded Agreement with Client

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce an extension agreement with an existing client to the value of approximately £95,000 in new annual recurring revenue as a result of expanded software licenses provided to the client. The agreement is effective from mid October 2016. The same client is also evaluating additional products.

Enquiries:

Arcontech Group plc
020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

Please click here to view details.

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26/08/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Posting of Annual Report, Notice of AGM
and Proposed Share Consolidation

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, confirms that its Annual Report and Accounts for the year ended 30 June 2016, together with the Notice of the Annual General Meeting, have been posted to shareholders. The documents are available to download from the Company’s website http://www.arcontech.com.

The Company’s Annual General Meeting will be held at the Company’s offices at 1st Floor, 11-21 Paul Street, London EC2A 4JU on 27 September 2016 at 10.00 a.m.

Proposed Share Consolidation

Contained within the Notice of AGM is a letter to shareholders describing proposals for a consolidation of share capital (“Share Consolidation”), and the resolutions required to effect this will be put to shareholders at the forthcoming AGM.

As at 25 August 2016, the Company had 1,545,731,537 existing ordinary shares of £0.001 each (“Existing Ordinary Shares”) in issue. With shares of low denominations, small absolute movements in the share price can represent large percentage movements resulting in high volatility. The Share Consolidation is expected to assist in reducing the aforementioned volatility in the Company’s share price and enable a more consistent valuation of the Company. The Board also believes that the bid/offer spread on shares priced at low absolute levels can be disproportionate to the share price and therefore to the detriment of shareholders.

Therefore the Directors are proposing that every 125 Existing Ordinary Shares be consolidated into one new ordinary share of £0.125 each (“New Ordinary Shares”).

Following the Share Consolidation, shareholders will still hold the same proportion of the Company’s ordinary share capital as before the Share Consolidation. Other than a change in nominal value, the New Ordinary Shares will carry equivalent rights under the Articles of Association to the Existing Ordinary Shares.

The Board believes that the Share Consolidation will result in a more appropriate number of ordinary shares in issue for a company of Arcontech’s size and may also help to make the New Ordinary Shares more attractive to investors going forward.

Full details of the Share Consolidation, including the treatment of fractional holdings, are set out in the Notice of AGM and the accompanying explanatory notes.

The expected timetable for the Share Consolidation is set out below:

Notice of AGM posted to Shareholders: 26 August 2016
Latest time and date for receipt of Forms of Proxy: 10.00 a.m. on 25 September 2016
Annual general meeting: 10.00 a.m. on 27 September 2016
Record date for consolidation: 5.00 p.m. on 27 September 2016
Existing Ordinary Shares disabled in CREST and share register closed: 5.00 p.m. on 27 September 2016
Expected date on which New Ordinary Shares admitted to AIM: 8.00 a.m. on 28 September 2016
Expected date on which CREST accounts are to be credited: 28 September 2016
Expected date by which definitive new share certificates are to be despatched: 12 October 2016
ISIN of New Ordinary Shares: GB00BDBBJZ03

Enquiries:

Arcontech Group plc 020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive

finnCap Ltd (Nomad & Broker) 020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: http://www.arcontech.com

Please click here to view details.

18/08/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Extended Agreement with Client

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce it has extended its agreement with an existing customer which will provide additional revenues of approximately £285,000 pa. With new Linux based software subscribed to on a recurring license basis, the client can now take advantage of Arcontech’s continuous investment in keeping ahead of technological advances, for example the ability to interface with Open MAMA and Solace.

The new agreement also sees the client subscribe to the Arcontech Symbol Mapper which as well as mapping one symbol to another will enable the creation of its own instruments from internal data and to re-purpose that content across the group. This reduces the requirement to source the same instrument prices from third party vendors.

Matthew Jeffs, Arcontech’s CEO, commenting on the new agreement said:
“We very much enjoy working with progressive clients where our exceptional domain knowledge of real-time market data, coupled with our clients experience and wishes means we can offer the very best solutions. Our goal is to help create flexibility and choice for our clients against other suppliers who wish to lock them into their platforms. Ultimately our independent outlook means our clients can choose the most suitable content, transport layer and infrastructure for their data user’s needs, whilst invariably making huge cost savings”.

Enquiries:

Arcontech Group plc
Richard Last, Chairman and Non-Executive Director 07713 214484
Matthew Jeffs, Chief Executive 020 7256 2300

finnCap Ltd (Nomad & Broker)
Carl Holmes/Simon Hicks 020 7220 0500

To access more information on the Group please visit: http://www.arcontech.com

16/08/2016

ARCONTECH GROUP PLC

(“Arcontech”, the “Company” or the “Group”)

Issue of Equity

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that it has applied to the London Stock Exchange for 4,000,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) to be admitted to trading on AIM (“Admission”). The new Ordinary Shares are being issued subsequent to an exercise of options over Ordinary Shares by an employee of the Company, at a price of 0.125p.

It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 22 August 2016. On Admission the Company’s issued share capital will comprise 1,540,672,013 Ordinary Shares, of which none are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 1,540,672,013. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.

Enquiries:

Arcontech Group plc
Richard Last, Chairman and Non-Executive Director 07713 214484
Matthew Jeffs, Chief Executive 020 7256 2300

finnCap Ltd (Nomad & Broker)
Carl Holmes/Simon Hicks 020 7220 0500

To access more information on the Group please visit: http://www.arcontech.com

Please click here to view details.

26/05/2016

ARCONTECH GROUP PLC

(“Arcontech” or the “Company”)

Director / PDMR Shareholding

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that it has received notification that Matthew Jeffs, Chief Executive of the Company, has today gifted 5,400,000 ordinary shares of 0.1p each in the Company (“Ordinary Shares”) to his wife, Suzanne Jeffs.  Subsequently Mrs Jeffs has transferred the shares to an Individual Savings Account (“ISA”) in her own name.  In addition, Mr Jeffs has also transferred 5,400,000 shares in the Company into an ISA in his own name.  Matthew Jeffs’ beneficial holding in Arcontech remains unchanged at 48,000,000 shares representing 3.12 per cent. of the issued share capital.

Enquiries:

Arcontech Group plc

Richard Last, Chairman and Non-Executive Director 07713 214484
Matthew Jeffs, Chief Executive 020 7256 2300

finnCap Ltd (Nomad & Broker)

Carl Holmes/Simon Hicks 020 7220 0500

To access more information on the Group please visit: http://www.arcontech.com

17/03/2016

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that, further to the passing of the resolutions at the Annual General Meeting on 26 January 2016, the Company’s share premium account has been cancelled by the Order of the High Court of Justice (Chancery Division) and was registered as such by the Registrar of Companies on 10 March 2016.

Enquiries:

Arcontech Group plc
Richard Last, Chairman and Non-Executive Director 07713 214484
Matthew Jeffs, Chief Executive 020 7256 2300

finnCap Ltd (Nomad & Broker)
Carl Holmes/Simon Hicks 020 7220 0500

To access more information on the Group please visit: http://www.arcontech.com

17/03/2016

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that it has received notification that Matthew Jeffs, Chief Executive of the Company, has today gifted 4,500,000 ordinary shares of 0.1p each in the Company (“Ordinary Shares”) to his wife, Suzanne Jeffs.  Subsequently Mrs Jeffs has transferred the shares to an Individual Savings Account (“ISA”) in her own name.  In addition, Mr Jeffs has also transferred 4,500,000 shares in the Company into an ISA in his own name.  Matthew Jeffs’ beneficial holding in Arcontech remains unchanged at 48,000,000 shares representing 3.12 per cent. of the issued share capital.

Enquiries:

Arcontech Group plc
Richard Last, Chairman and Non-Executive Director 07713 214484
Matthew Jeffs, Chief Executive 020 7256 2300

finnCap Ltd (Nomad & Broker)
Carl Holmes/Simon Hicks 020 7220 0500

To access more information on the Group please visit: http://www.arcontech.com

10/03/2016

Arcontech (AIM: ARC) announces, following notification received on 10 March 2016, that Anthony Cross is now beneficially interested in 220,000,000 ordinary shares of 0.1p each in share capital of Arcontech, representing approximately 14.3 per cent of the issued share capital of the Company.

For further information please visit http://www.arcontech.com or contact:

Arcontech Group plc
Richard Last, Chairman and Non-Executive Director: 07713 214484
Matthew Jeffs, Chief Executive: 020 7256 2300

finnCap Ltd
Carl Holmes/Simon Hicks: 020 7220 0500

24/02/2016

ARCONTECH GROUP PLC

(“Arcontech” or the “Group”)

INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2015

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to report its unaudited results for the six months ended 31 December 2015.

Financial and business highlights:

• Turnover increased by 9% to £1,132,246 (six months ended 31 December 2014: £1,041,599).
• Operating profit increased by 78% to £205,889 (six months ended 31 December 2014: £115,900).
• Annual run-rate of recurring revenues at 31 December 2015 amount to £1.9 million (2014: £2.1 million) and cover 105% of the cost base (2014: 112%).
• Net cash of £1,538,519 as at 31 December 2015 (31 December 2014: £1,073,948).

Richard Last, Chairman of Arcontech Group, said:

“The Board is pleased to report continued progress by the Group in delivering increasing levels of turnover and profitability. Results for the current year ending 30 June 2016 remain on target taking into account the reduced revenue from one of our clients in Asia. Costs continue to be managed closely. With net cash balances as at 22 February 2016 of £1.8m and a good sales pipeline, we are increasingly positive about the Group’s prospects.”

Enquiries:

Arcontech Group plc
Richard Last, Chairman and Non-Executive Director, 07713 214484
Matthew Jeffs, Chief Executive, 020 7256 2300

finnCap Ltd
Carl Holmes/Simon Hicks, 020 7220 0569

To access more information on the Group please visit: http://www.arcontech.com

The interim report will only be available to view online enabling the Group to communicate in a more environmentally friendly and cost effective manner.

Chairman’s Statement

I am pleased to report that Arcontech has continued to grow profits in the six months ended 31 December 2015. The operating profit for the period was £205,889 compared to £115,900 in the corresponding six month period ended 31 December 2014, an increase of 78%. This was achieved by increasing turnover for the six month period by 9% to £1.13 million (six month period ended 31 December 2014: £1.04 million) and by continued strict cost control. Of the total revenue, £1.13 million relates to recurring annual licence fees (six month period ended 31 December 2014: £1.04 million). Fully diluted earnings per share increased by 42% to 0.02 pence per share compared to 0.014 pence per share for the corresponding period last year.

We continue to work towards making up for the termination of a significant contract with an Asia focused bank (as announced on 26 March 2015) requesting the termination of its contract 18 months early, and which was agreed to take effect from 1 January 2016. Despite this loss, the annual run-rate of recurring revenues at 31 December 2015 (excluding that contract) amounts to £1.9 million (2014: £2.1 million including that contract) and covers 105% of the cost base (2014: 112%).

The sales cycle continues to be longer than we would like. With our strengthened pipeline of qualified prospects, along with the additional offerings under development we believe the frequency of new sales wins will improve. Our product development continues to focus both on enhancing solutions for existing customers, as well as developing new products and is showing good progress. We have been working with several clients to broaden the appeal of Excelerator as well as enhance our server-side systems to better integrate with clients’ infrastructure.

Financing
Arcontech has net cash balances at 31 December 2015 of £1,538,519 (31 December 2014: £1,073,948). This has allowed Arcontech to continue to maintain its level of product development and further increase its sales capability. Cash balances at 22 February amount to £1,803,370.

Employees
I should like to thank our employees and my fellow directors for their continuing hard work and dedication over the last six months, without which we would not have been able to achieve the reported results and to increase profitability.

Outlook
The Board is pleased to report continued progress by the Group in delivering increasing levels of turnover and profitability. Results for the current year ending 30 June 2016 remain on target taking into account the reduced revenue from one of our clients in Asia. Costs continue to be managed closely. With net cash balances as at 22 February 2016 of £1.8m and a good sales pipeline, we are increasingly positive about the Group’s prospects.

Richard Last
Chairman and Non-Executive Director

26/01/2016

ARCONTECH GROUP PLC

(“Arcontech” or the “Company”)

Result of AGM

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce that at the Annual General Meeting of the Company held earlier today, all resolutions were duly passed.

Enquiries:

Arcontech Group plc
Richard Last, Chairman and Non-Executive Director – 07713 214484
Matthew Jeffs, Chief Executive – 020 7256 2300

finnCap Ltd (Nomad & Broker)
Carl Holmes/Simon Hicks – 020 7220 0500

To access more information on the Group please visit: http://www.arcontech.com