Proposed Name Change to Insig AI Plc

RNS Number : 9451S
Catena Group PLC
22 March 2021
 

22 March 2021

Catena Group PLC

("Catena" or the "Company")

Proposed Name Change to Insig AI Plc

 

The Board of Catena is pleased to announce that it continues to make good progress on its proposed acquisition of Insight Capital Partners Limited (the "Acquisition").

As a result, the Company announces its intention, upon completion of the Acquisition, to change its name to Insig AI Plc in order to better represent the new operational focus of the enlarged group. This change will require shareholder approval, which will be sought at the general meeting to approve the Acquisition. Further details will be provided in the Company's admission document in respect of the proposed Acquisition, which the directors expect to publish in due course.

 

 * ENDS *

 

 

For further information, please visit www.catenagroup.co.uk or contact:

 

Catena Group PLC

Matthew Farnum-Schneider, Chief Executive

 

  +44 (0)20 3744 0900

Zeus Capital Limited (Nominated Adviser & Broker)

David Foreman / Daniel Harris / Rishi Majithia

 

+44 (0) 203 829 5000

SEC Newgate (Financial PR)

Robin Tozer

 

+44 (0) 7540 106 366

catena@secnewgate.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CANDKDBKDBKBKNB

Companies

Insig AI (INSG)
UK 100

Latest directors dealings