Exercise of Warrant

RNS Number : 2753R

Catenae Innovation PLC

26 June 2020

 

26 June 2020

Catenae Innovation PLC

("Catenae", or the "Company")

Exercise of Warrant

Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of digital media and technology, announces it has received notification for the exercise of a warrant over 10,113,636 ordinary shares in the Company at an exercise price of 0.4 pence per share providing the Company with proceeds of £40,454.55 ("Warrant Exercise").

Application will be made to the London Stock Exchange to admit the 10,113,636 new ordinary shares resulting from the Warrant Exercise to trading on AIM.  Admission of the new ordinary shares is expected to occur on or around 2 July 2020.  The new ordinary shares will rank pari passu with the existing ordinary shares.

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 176,024,043 ordinary shares of 0.2 pence 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.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged for release of this announcement on behalf of the Company was Guy Meyer, Interim Chief Executive Officer of the Company.

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For further information please contact:

Catenae Innovation PLC	[phone]
Guy Meyer, Interim Chief Executive Officer
Cairn Financial Advisers LLP (Nominated Adviser)	[phone]
Liam Murray / Jo Turner
Brandon Hill Capital Limited, Broker	[phone]
Andy Gutmann	[phone]
Yellow Jersey PR (PR & IP)	[phone]
Sarah Hollins / Annabel Atkins

Notes to Editors:

About Catenae Innovation PLC

Catenae Innovation is an AIM quoted provider of digital media and technology services. The Company specialises in Distributed Ledger Technology solutions that solve commercial challenges and create opportunities for its clients. The Company has an experienced IT team of project managers and integrators who have deployed systems across corporate, government and educational sectors.

www.catenaeinnovation.com

 

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