Alludium Further Investment, Warrants & Update

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	[phone]
John Farthing, Interim Chief Executive Officer
Cairn Financial Advisers LLP (Nominated Adviser)	[phone]
Liam Murray / Ludovico Lazzaretti / James Western
Shard Capital Partners LLP (Broker)	[phone]
Damon Heath
Yellow Jersey PR	[phone]
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

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.

 

END