The founding director of Arria NLG, a natural language generation spin-out from Aberdeen University, has left the company. Arria said founding director Simon Small would be pursuing new business interests.

Arria’s share price dropped from a high of 38p at the end of March to 6.25p in May as a result of oil company Shell cancelling its contract with Arria, which is likely to have an impact on the company’s results.

The share price drop has been caused by oil company Shell cancelling its contract with Arria, which is due to have an impact on the company’s results this year.