REG - Catenai PLC - Alludium Further Investment, Warrants & Update

CatenaiAnnouncement

13/03/2026 07:45

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RNS Number : 5676W  Catenai PLC  13 March 2026

13 March 2026

Catenai PLC

 

("Catenai", the "Company")

 

Alludium Further Investment

Company Update

Issue of Warrants

Catenai PLC (AIM: CTAI), the AIM-quoted provider of technology and digital
solutions, is pleased to announce that it has made a further investment of
£250,000 (the "Investment") into Alludium Ltd ("Alludium), a developer of a
no-code AI Agent Operating System.

The Investment is part of a £1 million fundraising by Alludium at a pre-money
valuation of £9 million, which will increase Catenai's shareholding from
approximately 13% to 16.1%. The Investment follows Alludium's successful
public-commercial launch, announced on 10 March 2026, with the funds to be
used for marketing initiatives and to further enhance the Alludium platform.

Alludium is a pre-revenue company and its first full year results have been
published and report a loss of approximately £33,000 for the year ended 31
August 2024.

The Investment will be made from existing cash reserves and Catenai confirms
that it continues to have sufficient cash resources to cover corporate costs
beyond the next 18 months from the date of this announcement.

Company Update

Furthermore, Klarian Limited ("Klarian"), a company to which Catenai provided
a £450,000 unsecured convertible loan note facility, will provide an update
in early April 2026 and will be followed by a presentation via the Investor
Meet Company platform. As announced on 5 January 2026, Klarian is due to repay
Catenai the £624,250 under the convertible loan note agreement announced on
25 April 2024, and related fees by 31 March 2026, with an additional fee of
£74,910 as part of an arrangement if the repayment was to occur after 28
February 2026.

The Company is also pleased to advise that its client, Charlton Athletic
Community Trust, has engaged the Company to undertake a new technology
services project. The Company will receive a modest cash fee for the project.

Separately, the Board is reviewing the Company's Bitcoin treasury policy,
having not yet made any purchases, and will update the market in due course.

Issue of Warrants

Following the announcement of 10 March 2025, the Company has issued the
100,000,000 warrants over new ordinary shares in the Company to the founders
of Alludium which are exercisable at 0.3p and may be exercised for a period of
18 months from the date of this announcement.

Investor presentation via Investor Meet Company

The Company is pleased to announce that John Farthing, John Frizelle and Barry
Downes will provide a live presentation relating to Alludium via Investor Meet
Company on 19 March 2026, 09:00 GMT.

 

 

 

The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
18 March 2026, 09:00 GMT, or at any time during the live presentation.

 

 Investors can sign up to Investor Meet Company for free and add to meet
CATENAI PLC via:

https://www.investormeetcompany.com/catenai-plc/register-investor

 

Investors who already follow CATENAI PLC on the Investor Meet Company platform
will automatically be invited.

 

John Farthing, Interim CEO of Catenai Plc, commented: "We are delighted to
have made our second investment in Alludium following its successful public
launch. We believe the platform has the capability to revolutionise the
business landscape through automation, boosting corporate growth and employee
productivity. Catenai will continue to be in a strong financial position
following the investment and looks forward to providing the market with
further updates."

Barry Downes, Chairman of Alludium, commented: "Catenai has been a hugely
supportive shareholder, so we are thrilled to have them participate in our
latest fundraising. Following Alludium's public launch, the new funds will be
used to further expand the platform's capabilities as well as marketing and
commercial development."

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation. The person who arranged for release of this
announcement on behalf of the Company was John Farthing, Interim Chief
Executive Officer of the Company and the Directors of the Company are
responsible for the release of this announcement.

 

 

For further information please contact:

 

 Catenai PLC                                                                                                                                                          +44 (0)20 7183 8666
 John Farthing, Interim Chief Executive Officer

 Cairn Financial Advisers LLP (Nominated Adviser)                                                                                                                     +44(0)20 7213 0880
 Liam Murray / Ludovico Lazzaretti / James Western

 Shard Capital Partners LLP (Broker)                                                                                                                                  +44 (0)20 7186 9952
 Damon Heath

 Yellow Jersey                                                                                                                                                        +44 (0) 20 3004 9512
 PR
 Charles Goodwin / Ryan Forecast

 

Notes to Editors:

 

About Catenai PLC

Catenai is an AIM quoted provider of digital media and technology services.
The Company has an experienced IT team of project managers and integrators who
have deployed systems across corporate, government and educational sectors.

www.catenaiplc.com (http://www.catenaiplc.com)

 

Caution regarding forward looking statements

 

Certain statements in this announcement, are, or may be deemed to be, forward
looking statements. Forward looking statements are identified by their use of
terms and phrases such as ''believe'', ''could'', "should" ''envisage'',
''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect",
''will'' or the negative of those, variations or comparable expressions,
including references to assumptions. These forward looking statements are not
based on historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth, results of operations,
performance, future capital and other expenditures (including the amount,
nature and sources of funding thereof), competitive advantages, business
prospects and opportunities. Such forward looking statements reflect the
Directors' current beliefs and assumptions and are based on information
currently available to the Directors.

 

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