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£9.01m
1.50p ()
10.00p
Date: Tuesday 25 Mar 2008
LONDON (ShareCast) - Mobile software specialist Artilium today denied talk in the press that KPN Mobile International is to buy a minority equity stake in the company.
“The board confirms that there is currently no agreement with KPN whereby KPN will subscribe for equity in Artilium,” said the firm.
Last week, the AIM listed business signed a software licensing deal with KPN estimated to be worth €15m over the 3-year term of the agreement.
"'The board believes the agreement announced today with KPN marks an inflection point for Artilium. It brings significant new revenue and serves as a proof-point for our Artilium Real-Time Architecture (ARTA) Connected Mobile Services technology," it said at the time.
That news came as Artilium reported an increase in half-year losses to £3.3m from £1.4m, including a £615,000 non-cash, share-based payment. Revenue was £907,000 versus £1.7m a year earlier.
| Currency | UK Pounds |
| Share Price | 10.00p ![]() |
| Change Today | +1.50p |
| 52 Week High | 231.00 |
| 52 Week Low | 8.50 |
| Volume | 31,000 |
| Shares Issued | 90.15m |
| Market Cap | £9.01m |
| Beta | 0.27 |
| RiskGrade | 647 |
| Value |
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| Strong Buy | 1 |
| Buy | 0 |
| Neutral | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 1 |

| No dividends found |
| Time | Volume / Share Price |
| 14:05 | 5,000 @ 10.00p |
| 14:04 | 5,000 @ 9.98p |
| 09:55 | 7,000 @ 10.00p |
| 09:55 | 4,000 @ 10.00p |
| 09:55 | 10,000 @ 10.00p |
| CFO | Tony Lynch |
| Finance Director | Wim de Pauw |