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

11/12/2015

ARCONTECH GROUP PLC

(“Arcontech” or the “Company”)

Notice of AGM

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, confirms that it is convening an Annual General Meeting (“AGM”), a notice of which has been posted to Shareholders today, along with an explanatory covering letter. This is to rectify an administrative oversight in the service of the original notice of AGM for the year ended 30 June 2015, which was held on 29 September 2015.

The AGM will be held at Arcontech, 11-21 Paul Street, London, EC2A 4JU on 26 January 2016 at 10.00am. An electronic copy of the notice of AGM and the covering letter to Shareholders, are available on the Company’s website http://www.arcontech.com.

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

23/09/2015

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 received notification yesterday that on the
same day Richard Last, Chairman and Non-Executive Director of the Company, purchased
2,500,000 ordinary shares of 0.1p each in the Company at a price of 0.2p per
share. Following the purchase Richard Last’s beneficial holding in Arcontech is 199,552,635
shares representing 12.99 per cent. of the issued share capital of the Company.

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

05/08/2015

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

Final Results for the Year Ended 30 June 2015

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce its final audited results for the year ended 30 June 2015.

Financial highlights

• Revenue increased 8% to £2.13m (2014: £1.98m)
• Profit before tax of £243,660 (2014: loss of £35,565)
• Cash balance of £1.07m (2014: £733,676)
• Basic earnings per share of 0.023p (2014: 0.004p)

Operational highlights

• Expanded customer base with a new business from a U.S based international investment bank and a regional German bank
• Growth in revenues from existing clients by building new solutions and improving some existing ones
• Continued investment in R&D to develop new solutions for existing and new clients

Commenting on the results, Richard Last, Chairman of Arcontech said: “Arcontech has a healthy pipeline of qualified prospects and although the lead time to a sale continues to be unpredictable, once a sale is completed we invariably have a long and positive relationship supported by annual recurring licence fees.  Despite the challenges presented in the year under review, with a broadening product range and customer base, we are both positive and confident as to Arcontech’s prospects.”

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

27/04/2015

ARCONTECH GROUP PLC

(“Arcontech” or the “Company”)
Holdings in Company

Arcontech (AIM: ARC) announces, following notification received on 27 April 2015, that Anthony Cross is now beneficially interested in 201,500,000 ordinary shares of 0.1p each in share capital of
Arcontech, representing approximately 13.1 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 020 7220 0500
Stuart Andrews / Simon Hicks

02/04/2015

ARCONTECH GROUP PLC

(“Arcontech” or the “Group”)
Major New Client Win

Arcontech Group PLC (AIM:ARC) is delighted to announce the signing of a new major client for a minimum of 200 licenses for its real-time Excel add-in, Excelerator; the market leading real-time data display and contribution solution.

Matthew Jeffs CEO of Arcontech, said, “We are extremely pleased to be working with this highly respected international investment bank. This new client win is affirmation of the quality and robustness of our solutions and the professionalism of our team. At the outset of the project we were put through an extremely comprehensive comparison exercise which lasted more than several months. The result of these joint endeavours is an enhanced solution that, as well as being clearly superior to competitors, has broadened our target market with an interface to Open MAMA and Solace Systems. On top of that we have an important new global client. I am grateful to all parties involved during this collaborative project and look forward to reporting further successes in the future.”

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
Charlotte Stranner/ Simon Hicks, 020 7220 0500

26/03/2015

ARCONTECH GROUP PLC

(“Arcontech” or the “Group”)

CHANGE OF ADVISER

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce the appointment of finnCap Ltd as its Nominated Adviser and broker with immediate effect.

Enquiries:

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

finnCap Ltd
Charlotte Stranner/ Simon Hicks 020 7220 0500

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

26/03/2015

ARCONTECH GROUP PLC
(“Arcontech” or the “Group”)

INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2014

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 2014.

Financial and business highlights:

• Turnover increased by 7% to £1,041,599 (six months ended 31 December 2013: £976,578).
• Operating profit increased to £115,900 (six months ended 31 December 2013: loss of £68,976).
• Annual run-rate of recurring revenues at 31 December 2014 amount to £2.1 million (2013: £1.9 million) and cover 112% of the cost base.
• Net cash of £1,073,948 at 31 December 2014 (31 December 2013: £664,098).

Richard Last, Chairman of Arcontech, said:

“The Board is pleased that the Group is making progress in delivering increasing levels of turnover and profitability in the medium to longer term. However, the level of profitability for the current year ending 30 June 2015 is uncertain, due to a significant customer requesting the termination of its contract 18 months early for reasons outside of our control. We are currently working to resolve the situation. Although we expect to achieve new sales wins before the year end, due to revenue on our contracts being taken to profit on a monthly basis, it is unlikely that we will be able to fully compensate for the loss of revenue should the contract be terminated. Nevertheless, the Board believes Arcontech will deliver a positive result for the six months ending 30 June 2015. With current net cash balances in excess of £1.2m and a healthy sales pipeline, we remain 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
Charlotte Stranner/ Simon Hicks 020 7220 0500

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 with shareholders in a more environmentally friendly and cost effective manner.

15/12/2014

http://www.arcontech.com/pdf/Holdings_in_Company_-_15_12_14.pdf

ARCONTECH GROUP PLC

(“Arcontech” or the “Company”)
Director / PDMR Shareholding

Arcontech (AIM: ARC) announces that it received notification on 15 December 2014 that, on 12 December 2014, Matthew Jeffs, Chief Executive of the Company, purchased 1,000,000 ordinary shares of 0.1p each in the Company at a price of 0.14p per share.  Following the purchase Matthew Jeffs’ beneficial holding in Arcontech is 48,000,000 shares representing 3.1 per cent. of the issued share capital of the Company.

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

Enquiries

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300
Northland Capital Partners Limited
Matthew Johnson
+44 20 7382 1100

29/10/2014

Result of AGM

Arcontech Group plc (AIM: ARC) is pleased to announce that at the Annual General Meeting of the Company held earlier today all resolutions were duly passed.

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

Arcontech Group plc
Matthew Jeffs, Chief Executive Officer +44 20 7256 2300

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle +44 20 7382 1100

04/09/2014

ARCONTECH GROUP PLC

(“Arcontech” or the “Company”)
Director / PDMR Shareholding

Arcontech (AIM: ARC) announces that it has received notification that Matthew Jeffs, Chief Executive of the Company, has today gifted 8,250,000 ordinary shares of 0.1p each in the Company 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 8,250,000 shares in the Company into an ISA in his own name.  Matthew Jeffs’ beneficial holding in Arcontech remains unchanged at 47,000,000 shares representing 3.1 per cent. of the issued share capital.

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

Enquiries

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300
Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7382 1100

01/09/2014

Arcontech Group plc confirms that its Annual Report and Accounts for the year ended 30 June 2014, together with the Notice of the Annual General Meeting, have been posted to shareholders today.  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 8th Floor, Finsbury Tower, 103-105 Bunhill Row, London EC1Y 8LZ on 29 October 2014 at 10.00 a.m.

Enquiries:

Arcontech Group plc
Matthew Jeffs, Chief Executive Officer +44 20 7256 2300

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle +44 20 7382 1100

29/08/2014

ARCONTECH GROUP PLC

(“Arcontech” or the “Company”)

Holdings in Company

Arcontech (AIM: ARC) announces, following notification received on 26 August 2014, that Anthony Cross is now beneficially interested in 194,000,000 ordinary shares of 0.1p each in share capital of Arcontech, representing 12.62 per cent of the issued share capital of the Company.

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

Enquiries:

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7382 1100

18/08/2014

Chairman’s Statement

Arcontech has achieved a significantly improved operating result for the year ended 30 June 2014, with a loss before taxation and exceptional items of £35,565 (2013: loss before taxation and exceptional items of £340,750). After taking the benefit of the Research and Development tax credit of £100,251 (2013: £88,905) which the company receives due to the amount it has invested in qualifying product design and development, Arcontech achieved a profit after tax of £64,686 (2013: loss after tax of £251,845).

Turnover for the year was £1,981,375 (2013: £1,830,717), an increase of 8%. This increase, whilst positive, is lower than we would have hoped to achieve due in part to the continued lengthening of sales cycles and to customers prioritising areas subject to greater regulatory focus than those addressed by our products. However, at 30 June 2014 the annual recurring licence fees amounted to £1,985,355 (2013: £1,884,778) representing 98% of our annualised running costs (2013: 87%).

As a result of negative distributable reserves, Arcontech has not been able to declare a dividend (2013:£Nil). We intend, however, when the company moves into sustainable profitability, to seek court approval to re-designate our reserves and thereby enable the company to pay dividends.

Financing

As at 30 June 2014 Arcontech had no debt and cash balances of £733,676 (2013: £878,804), this reduction being due to the timing of sales invoicing and of cash receipts from customers. Nevertheless, the company remains well financed.

Employees

Our employees are core to our business. They have responded positively to the challenges presented by a competitive market place during the last financial year and we again thank them for their continued hard work, dedication and support.

Outlook

With Arcontech’s lower cost base and improved product offering we believe that the company is well placed to continue to grow its revenues. The level of sales prospects the company has are significant, however the timing of their conversion into actual sales orders is, as in previous years, extremely difficult to predict. We remain convinced that opportunities for the sale of our products to international investment banks, central banks and other financial institutions remain strong.

Richard Last
Chairman

Chief Executive’s Review

During the year we have continued to work on positioning the business so that we have a solid, efficient and effective platform from which to grow. At the same time we have worked with our existing clients to strengthen and grow our relationships whilst also prospecting for new opportunities. In both areas we have succeeded and are now well positioned to move forward.

We have managed to reduce costs in running the organisation so that it is efficient and productive with all areas complementing each other in our goal for growth. We implemented stricter controls on development to ensure work undertaken generated revenue and contributed to making our offerings more competitive.  We also improved the way in which we test our software by building out automated processes where possible, which although requiring human input at the scripting phase does not require subsequent repetitive and costly human intervention.

Growing the business has been successful too, in a very challenging market. Ongoing issues in the marketplace such as the LIBOR-fixing scandal and staff reductions have served to prolong decision making.  Despite this we managed to grow revenues by 8% and we are pleased to say we believe Excelerator to be the leading Excel Add-In in the financial market-place with one client having rolled out more than 300 positions across the organisation. We are also happy to have secured the world’s oldest international financial organisation as a new MVCS client.

More generally we have also expanded our discussions with clients to identify additional areas in which we can add value to embed us further within their businesses and to aid development of our product portfolio. At the same time we have continued to improve our marketing function which, together with our overall business and sales strategy, increasingly addresses issues of regulation and compliance.

As we build on what has been done and develop these areas I look forward to achieving greater progress.

Matthew Jeffs
Chief Executive

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

Enquiries:

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7382 1100

12/05/2014

ARCONTECH GROUP PLC (“Arcontech” or the “Company”) Holdings in Company

Arcontech (AIM: ARC) announces, following notification received on 9 May 2014, that Anthony Cross is beneficially interested in 167,000,000 ordinary shares of 0.1p each in share capital of Arcontech, representing 10.91 per cent of the issued share capital of the Company.

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

Enquiries:

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7796 8800

Please click here to view details.

Please click here to view details.

06/03/2014

INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2013

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 2013.

Financial and business highlights:

• Turnover increased by 15% to £976,578 (six months to 31 December 2012: £848,101).
• Operating loss reduced by 74% to £68,976 (six months to 31 December 2012: £262,850).
• Annual run-rate of recurring revenues at 31 December 2013 amount to £1.9 million (2012: £1.7 million) and cover 94% of the cost base.
• Net cash of £0.7 million at 31 December 2013.

Richard Last, Chairman of Arcontech Group, said:

“Arcontech has continued to make steady progress towards profitability, which we expect to continue in the second half of the year.  The Group has an increasing pipeline of opportunities with both existing and potential new customers, which gives us confidence that the business remains on track to continue to deliver improvements in operational performance.”

Enquiries:

Arcontech Group plc
Richard Last, Chairman and Non-Executive Director – 07713 214484

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle – 020 7382 1100

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

Turnover for the Group for the six month period to 31 December 2013 increased by 15% to £976,578 (six month period to 31st December 2012: £848,101).  Of this, £962,378 (99%) relates to recurring annual licence fees (six month period to 31 December 2012: £818,145 (96%)) and £14,200 (1%) relates to support revenues (six month period to 31 December 2012: £29,956 (4%)).  The operating loss for the period was £68,976, 74% lower than the corresponding six month period to 31 December 2012 (£262,850).

Significant progress has been made in the six months to 31 December 2013 to improve the operating efficiency and level of costs in the business, the full benefit of which will not be seen until the fourth quarter of this financial year.  The sales cycle remains longer than we would like, the first half has been one of primarily consolidating our relationships with our existing customers and increasing the size of our order pipeline.  The annual run-rate of recurring revenues at 31 December 2013 was £1.9 million (31 December 2012: £1.7 million).  As a result of this increase and the reduction in our operating costs recurring revenues now cover 94% of the cost base.

Financing

As at 31 December 2013 the Group had net cash balances of £664,098 (31 December 2012: £602,157).  As a result of the timing of contract renewals our net cash as at 31 January 2014 increased to £839,530.

Employees

I should like to thank all of our employees for their continued hard work and support over the last six months, without which it would not have been possible to achieve the operating efficiencies that have enabled the business to continue to move towards profitability.

Outlook

Arcontech has continued to make steady progress towards profitability, which we expect to continue in the second half of the year.  The Group has an increasing pipeline of opportunities with both existing and potential new customers, which gives confidence that the business remains on track to continue to deliver improvements in operational performance.

Richard Last
Chairman

25/10/2013

Director / PDMR Shareholding

Arcontech Group plc (AIM: ARC) announces following notification received yesterday, 24 October 2013, that on the same day Matthew Jeffs, Chief Executive Officer, purchased a total of 5,000,000 ordinary shares of 0.1p each in Arcontech at a price of 0.14p per share. As a result of this purchase, Mr Jeffs now holds a total of 28,000,000 ordinary shares, representing 1.83 per cent. of the issued share capital of the Company.
For further information please visit http://www.arcontech.com

Enquiries

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300
Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7796 8800

23/10/2013

Result of AGM

Arcontech Group plc (AIM: ARC) is pleased to announce that at the Annual General Meeting of the Company held earlier today all resolutions were duly passed.

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

Arcontech Group plc
Matthew Jeffs, Chief Executive Officer +44 20 7256 2300

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle +44 20 7796 8800

30/09/2013

ARCONTECH GROUP PLC (“Arcontech” or the “Company”)

Posting of Annual Report and Notice of AGM

Arcontech Group plc confirms that its Annual Report and Accounts for the year ended 30 June 2013, 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 8th Floor, Finsbury Tower, 103-105 Bunhill Row, London EC1Y 8LZ on 23 October 2013 at 10.00 a.m.

Enquiries:

Arcontech Group plc
Matthew Jeffs, Chief Executive Officer +44 20 7256 2300

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle +44 20 7796 8800

Please click here to view details.

28/06/2013

Arcontech Group plc (AIM: ARC) announces, following notification received today, that on 27 June 2013, Matthew Jeffs, Chief Executive Officer, purchased a total of 3,000,000 ordinary shares of 0.1p each in Arcontech at a price of 0.11p per share. As a result of this purchase, Mr Jeffs now holds a total of 23,000,000 ordinary shares, representing 1.5 per cent. of the issued share capital of the Company.

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

Enquiries

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7796 8800

26/06/2013

Director / PDMR Shareholding

Arcontech Group plc (AIM: ARC) announces that it has received notification that, on 26 June 2013, Matthew Jeffs, Chief Executive Officer, and Richard Last, Chairman and Non-Executive Director, purchased a total of 5,000,000 ordinary shares of 0.1p each in Arcontech.  Further details of their purchases and resultant holdings are shown in the table below.

Director: Matthew Jeffs
Number of shares purchased: 3,000,000
Price paid per share: 0.115p
Resultant beneficial holding: 20,000,000
Resultant percentage holding: 1.31%

Director: Richard Last
Number of shares purchased: 2,000,000
Price paid per share: 0.115p
Resultant beneficial holding: 146,052,635
Resultant percentage holding:  9.45%

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

Enquiries

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300
Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7796 8800

20/06/2013

Arcontech Group plc (AIM: ARC) announces that it has received notification that, on 19 June 2013, Matthew Jeffs, Chief Executive Officer of the Group, purchased 7,000,000 ordinary shares of 0.1p each in Arcontech at a price of 0.115 pence per share.  Following the purchase Mr. Jeffs holds 17,000,000 ordinary shares in the Group representing 1.11 per cent. of the issued share capital.

03/06/2013

ARCONTECH GROUP PLC

(“Arcontech” or the “Group”)

Arcontech Group plc (AIM: ARC) announces that it has received notification that, on 31 May 2013, Matthew Jeffs, Chief Executive Officer of the Group, purchased 10,000,000 ordinary shares of 0.1p each in Arcontech at a price of 0.11 pence per share.  The purchase represents Mr. Jeffs’ only holding in the Group and represents 0.65 per cent. of the issued share capital.

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

Enquiries

Arcontech Group plc
Matthew Jeffs, CEO
+44 20 7256 2300
Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7796 8800

24/04/2013

ARCONTECH GROUP PLC

(“Arcontech” or the “Group”)
Appointment of Chief Executive

Arcontech Group plc (AIM: ARC) is pleased to announce that Matthew Jeffs has been appointed as Chief Executive Officer of the Group with effect from 29 April 2013.  Richard Last and Steve Prout, who assumed additional responsibilities following the departure of Arcontech’s previous Chief Executive Officer, will resume their roles as Group Chairman and Non Executive Director and Director of Arcontech Limited, respectively.

Matthew has proven leadership abilities and global experience.  He spent ten years with Dow Jones and then six years with Reuters in a variety of roles after obtaining his MBA qualification.  His focus has been on marketing and business development and as well as having worked in London, he has wide experience in the Asia Pacific region, working in Hong Kong, Japan, Korea (where he was country manager for Reuters and country representative for Dow Jones), Thailand and Vietnam.  In his most recent role, Matthew was the Managing Director, ICS International at Broadridge Financial Solutions where he was responsible for the overall management of the Global Proxy departments in the U.K., U.S., Japan, Australia and India.

Richard Last, Group Chairman, commented:
“I am delighted that Matthew has decided to join Arcontech as Chief Executive.  His knowledge of Arcontech’s sector together with his wide knowledge of international business will be a great asset to the Group.  I believe that Arcontech has considerable opportunities which will only be enhanced by Matthew joining the Group.”

Matthew Jeffs, Chief Executive, commented:
“I am extremely pleased to be joining Arcontech, which has a well earned reputation within the financial sector as an innovative and trusted partner.  Together with the team, I look forward to building upon these qualities to grow and deliver the undoubted benefits Arcontech provides to an expanded audience.”

The following information is disclosed in accordance with Schedule 2, paragraph (g) of the AIM Rules for Companies.  Matthew David Jeffs, aged 51, is currently a director of Askett & English Limited and, within the past five years, was previously a director of ICJ, Inc.  Mr. Jeffs does not at present hold any shares in the Company.

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

Arcontech Group plc
Richard Last, Chairman
07713 214 484

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 20 7796 8800

25/02/2013

ARCONTECH GROUP PLC (“Arcontech” or the “Group”)

INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2012

Arcontech Group PLC (AIM: ARC), providers of products and services for real-time financial market data processing and trading, reports its unaudited results for the six months ended 31 December 2012.

Financial and business highlights:

• Turnover increased by 22% to £848,101 (six months to 31 December 2011: £696,797).
• Operating loss reduced by 23% to £262,850 (six months to 31 December 2011: £342,789).
• Contracted future annual recurring revenues at 31 December 2012 amount to £1.7 million (2011: £1.3 million) and cover 73% (2011: 67%) of the cost base.
• Net cash of £0.6 million at 31 December 2012.

Richard Last, Chairman of Arcontech Group, said:

With our increased level of recurring revenues and tight control of operating costs we are making solid progress towards profitability. We have continued to invest in product development whilst also adding to our sales resource, which we believe will add to the continued successful growth of the Group.

Enquiries:

Arcontech Group plc
Richard Last, Chairman
07713 214484

Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
020 7796 8800

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

Turnover for the Arcontech Group for the six month period to 31 December 2012 increased by 22% to £848,101 (six month period to 31 December 2011: £696,797), due primarily to the full year effect of sales made in the second half of the last financial year. Of this, £818,145 (96%) relates to recurring annual licence fees (six month period to 31 December 2011: £672,834 (97%)) and £29,956 (4%) relates to support revenues (six month period to 31 December 2011: £23,963 (3%)). The operating loss for the period was £262,850, 23% lower than the corresponding period for the six month period to 31 December 2011 (£342,789).

New customer contracts obtained during the six month period to 31 December 2012, together with contract wins in January 2013 result in our contracted annual recurring revenues amounting to £1.9 million covering 82% of the cost base.

Financing

As at 31 December 2012 the Group had net cash balances of £602,157 (31 December 2011: £1,252,693). This reduction reflects the trading losses incurred by the Group and the continued development of our product portfolio, the cost of which is charged to the income statement as incurred. As a result of the timing of contract renewals our net cash balances as at 21 February 2013 increased to £854,206.

Board

Arcontech announced on 3 January 2013 that Andrew Miller had resigned as Chief Executive Officer to pursue other business interests. Andrew’s contribution to the growth and development of the business is greatly appreciated and we wish him every success for the future. We are currently in the process of considering candidates for this position and expect to make an announcement before the end of our financial year.

Employees

I should like to thank all of our employees for their continued hard work, dedication and support over this last six months. Their continued focus on delivering quality software and support has provided the Group with the firm foundations needed to achieve growth.

Outlook

With our increased level of recurring revenues and tight control of operating costs we are making solid progress towards profitability. We have continued to invest in product development whilst also adding to our sales resource, which we believe will add to the continued successful growth of the Group.

Richard Last
Chairman

03/01/2013

Directorate Change

Arcontech Group plc (AIM: ARC) announces that Andrew Miller, Chief Executive Officer, resigned with effect from 3 January 2013 to pursue other business interests.  The board would like to thank Andrew for his contribution to the development of Arcontech, which it believes is now poised for international success.  A new Chief Executive will be appointed in due course.  In the meantime, Group Chairman (Non-Executive) Richard Last will assume additional responsibilities together with Steve Prout, a founder of Arcontech and a Director of Arcontech Limited.

In the half year to December 2012, Group turnover has increased and trading losses have been reduced compared to the same period last year.

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

Arcontech Group plc
Richard Last, Chairman
07713 214 484

Northland Capital Partners Limited
Tim Metcalfe / Matthew Johnson
+44 20 7796 8800

16/11/2012

London – 16th November 2012. Arcontech Group PLC, the leading independent real time market data technology specialist, announced today that Darren Simons has joined as Senior Sales Executive.

Andrew Miller, CEO of Arcontech said “Darren has years of experience and particular knowledge and specialism in our area of sophisticated real-time market data systems.  I am looking forward to the added success his combination of technical detail and business acumen will bring.”

Simons’s appointment is in response to the increasing success and opportunities identified for the latest versions of Arcontech’s vendor independent technology:  Excelerator, a high performance real-time Excel add-in that can replace “bundled” vendor products and CityVision Cache, a highly functional last-value cache which can be used to replace, add-value to and cross connect vendor platforms, have both seen particular interest during the past 12 months.

Darren Simons said “I am delighted to be joining Arcontech at this exciting stage of the company’s growth.  Arcontech has a great reputation, not only as a company delivering proven reliable technology to meet business needs, but also for a business ethos that firms respect and trust”
Simons has a notable track record in the Market Data technology industry, stretching over 15 years, starting with several roles at Caplin Systems dealing with vendor connectivity and e-commerce trading portals.  He subsequently worked for RTS Realtime Systems specialising in exchange trading solutions.  He joins Arcontech from Object Trading, a provider of exchange trading and market data solutions.

Notes for Editors

About Arcontech Group PLC

Arcontech Group PLC’s (AIM: ARC) key trading subsidiary is Arcontech Limited.

Founded in 1979, Arcontech is real-time software specialist providing products and bespoke systems for collection, processing, distribution and presentation of time-sensitive financial markets data.

Arcontech is independent of any data vendor (such as Reuters or Bloomberg) and has thrived due to timely delivery of dependable, cost-effective solutions to the financial community based on its award winning CityVision product suite.  Its diverse clients range from National Government, Banks and Data Vendors through to on-line trading firms

Arcontech has experience of a wide range of technical concepts and applications and the ability to combine the best from each. Key areas of expertise include:

– Market data infrastructure
– Multi vendor data contribution
– Platform integration, corss-connect and protocol conversion
– Consulting and custom development

CityVision

CityVision supports collection, aggregation and redistribution of market data in real-time from multiple sources to multiple destinations. Sources can include direct feeds, market data platforms and data contributions from the spreadsheets and trading systems of the Global investment banking community.  Destinations include multiple vendor contributions, dealing desk displays, real-time Microsoft Excel, live web pricing and on-line trading applications.

CityVision is fast, flexible, fully resilient, scalable and secure, with a full authentication and entitlements system. The system is extensible to receive instruments in any asset class, from hundreds of contributors and to provide controlled re-distribution.

CityVision can interoperate with other systems (such as Reuters RMDS and Bloomberg) via existing de-facto standards (such as Market link SSL and FIX) and via its own comprehensive APIs. This means it can provide cost effective solutions to add value to or replace incumbent systems.

Please click here to view details.

08/05/2012

LONDON, May 8, 2012: Arcontech Group plc (AIM: ARC), a provider of real-time software solutions to the investment banking and broking industry, has announced “CityVision Cache” a major development of its market data publishing system, supporting internal publishing as well as normalisation and cross connectivity between a variety of the industry’s major platforms and feed protocols.

The enhancement to its CityVision suite of market data components has been developed in response to repeated calls from the marketplace for technology to reduce dependence on systems from particular market data vendors, increase connectivity options and address concerns over regulatory compliance.

A “last-value cache” is a data store that supports real-time publishing of internally derived market data, for example, the bid and offer price of a bond derivative or a foreign exchange rate. Most market data platforms have this capability but it is generally limited to publishing within the specific platform.  The CityVision Cache allows cross-connectivity between platforms, meaning that data it manages can be shared in real-time between the different platforms often present in investment banking firms, greatly reducing dependence on a particular platform, increasing choice and providing cost-saving opportunities.

The CityVision Cache also includes options for calculations, page shredding, derived instrument creation and outputs to multiple destinations, including vendor contributions, making it a highly flexible and connected component.  Finally, where supported by the connected platform, audit trail capability means that inbound and outbound data can be logged and tracked to the individual user, giving user firms better visibility of data flows, allowing control and aiding compliance with regulations such as MiFID and Sarbanes Oxley, which require price audit trails.

“We’ve listened to demands from the market data industry for cross-connectivity and a vendor-neutral approach to price derivation and distribution technology,” said Andrew Miller, CEO of Arcontech plc. “CityVision Cache provides a unique, cost-effective and scalable solution to this challenge, giving infrastructure teams choice and end-users flexibility, adding value to the systems currently deployed.”

CityVision has seen accelerating global interest since Arcontech unveiled its “CityVision Adaptor” strategy in October last year, with many evaluations completed and deployments under way with international financial institutions.  Demand is being driven by the desire to reduce costs and streamline operations.  Arcontech’s vendor-independent solutions provide proven, highly reliable alternatives to decouple data transport and display from the traditional information terminal providers, facilitating downsizing of expensive terminal counts and displacement of infrastructure components.

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

Arcontech Group plc
Andrew Miller, Chief Executive
Sarah Wisbey
+ 44 20 7256 2300

Northland Capital Partners Limited
Shane Gallwey
+44 20 7796 8823

About Arcontech Group Plc:

Arcontech Group Plc’s (AIM: ARC) key trading subsidiary is Arcontech Limited.

Founded in 1979, Arcontech is real-time software specialist providing products and bespoke systems for collection, processing, distribution and presentation of time-sensitive financial markets data.

Arcontech is independent of any data vendor (such as Thomson Reuters or Bloomberg) and has thrived due to timely delivery of dependable, cost-effective solutions to the financial community based on its award winning CityVision product suite.  Its diverse clients range from National Government, Investment Banks and Data Vendors through to Brokers and Bookmakers.

Arcontech installed its first digital market data products in 1983 and has continually developed new, innovative systems and products, adopting leading edge technology, proven in the marketplace.

About CityVision:

CityVision supports collection, aggregation and redistribution of market data in real-time from multiple sources to multiple destinations. Sources can include vendor data feeds, exchanges, MTFs (Multi-lateral Trading Facilities) and contributed data from the spreadsheets and trading systems of the pan-European investment banking community.  Destinations include multiple vendor contributions, dealing desk displays, Microsoft Excel, real-time streaming web updates and on-line trading applications.

CityVision is fast, flexible, fully resilient, scalable and secure, with a full authentication and entitlements system. The system is extensible to receive instruments in any asset class, from hundreds of contributors and to provide controlled re-distribution.

CityVision can interoperate with other systems (such as Thomson Reuters RMDS and Bloomberg) via existing de-facto standards (such as Marketlink, SSL and FIX) and via its own comprehensive APIs. This means it can provide cost effective solutions to add value to or replace incumbent systems.

24/04/2012

ARCONTECH GROUP PLC (”Arcontech” or the “Group”) Arcontech Excelerates Global CityVision Sales

London, 24th April 2012.  Arcontech Group plc (AIM: ARC), a provider of enterprise level real-time software solutions to the investment banking and broking sectors, is pleased to announce a number of significant new contract wins for deployment of its CityVision market data platform and Excel integration technology, including agreements for deployment in Scandinavia, North America, London and the Asia Pacific regions. The contracts are worth in excess of £850,000 in total, over a three year period.

The deployment continues the success of Arcontech’s “CityVision Adaptor” strategy announced last year allowing banks to deploy data vendor independent solutions, gaining flexibility and providing considerable potential cost savings.

The CityVision systems provide connectivity to banks’ incumbent Thomson Reuters RMDS and Bloomberg systems, increasing flexibility of internal publishing. Licensed components include Arcontech’s CityVision Cache and Excelerator products.  The Cache is a high performance and resilient server-based real-time data repository and publisher.  Desktop connectivity for real-time publishing and data reception is provided by CityVision “Excelerator” a fast and robust add-in for Microsoft Excel.

The contract wins increase Arcontech’s market share and strengthen its presence in the Nordic, North American and Asia Pacific regions where it is working with other banks and partners.

Andrew Miller, CEO of Arcontech plc commented: “I am delighted to see that our innovative products are becoming increasingly successful internationally. Ease of deployment, migration support and low cost of change can be as important as pure license savings and I’m pleased that our work in these areas is paying off.”

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

Arcontech Group plc

Andrew Miller, Chief Executive
Sarah Wisbey

+ 44 20 7256 2300

Northland Capital Partners Limited
Shane Gallwey

+44 20 7796 8823