REG - Catenai PLC - Result of GM & Issue of Equity

CatenaiAnnouncement

15/07/2025 15:15

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RNS Number : 1704R  Catenai PLC  15 July 2025

15 July 2025

Catenai PLC

("Catenai", the "Company")

 

Result of GM & Issue of Equity

 

Catenai PLC (AIM: CTAI), the AIM quoted provider of digital media and
technology, announces that, at its General Meeting held today, all resolutions
were duly passed. In addition, the Company announces the issue of equity as
set out further below.

 

Issue of Equity

 

Pursuant to the Placing and Subscription announced on 26 June 2025, the
Company has issued the balance of the Placing and Subscription Shares being
157,142,857 new Ordinary Shares at the Issue Price, following shareholder
approval of allotment authorities at the GM.

 

Furthermore, the Company has issued 13,428,571 new Ordinary Shares at the
Issue Price to settle creditor liabilities of £47,000 ("Fee Shares").

 

Admission

 

Application will be made to the London Stock Exchange to admit 170,571,428 new
Ordinary Shares to trading on AIM ("Admission"). Admission is expected to
occur on or around 21 July 2025. The new Ordinary Shares will rank pari passu
with the existing Ordinary Shares.

 

Total Voting Rights

 

For the purpose of the Disclosure and Transparency Rules, following the issue
of shares detailed above the enlarged issued share capital of the Company will
comprise 1,433,860,312 Ordinary Shares of 0.01p each. The above figure may 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 Disclosure and Transparency
Rules.

 

 

Capitalised terms used in this announcement shall, unless otherwise defined,
have the same meaning as set out in the announcement on 1 July and 26 June
2025.

 

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

 

 

 

 

 

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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