Klarian CLN Update

Catenai PLC

14 July 2026

 

14 July 2026

Catenai PLC

("Catenai", the "Company")

Klarian CLN Update

Catenai PLC (AIM: CTAI), the AIM quoted provider of digital media and technology services, announces an update relating to Klarian Ltd ("Klarian"), a company to which Catenai provided a £450,000 unsecured convertible loan note facility ("CLN") as per the announcement of 25 April 2024.

On 22 May 2025, the Company confirmed that it had entered into a further extension agreement ("Extension Agreement") with Klarian, whereby Klarian agreed to repay Catenai £699,160 due under the CLN and related fees as at 1 April 2026 (the "Repayment"), by 1 July 2026 (the "Repayment Date") together with an additional fee of 3% per month (or part thereof) which accrue on the outstanding balance until repayment.

Catenai is currently in discussions with Klarian to agree a further extension to the Repayment Date and will update the market as soon as this is finalised.

There can be no certainty that Klarian will complete the Repayment in full. However, as disclosed in recent Company announcements, the Board is positive about the progress Klarian is making having had access to Klarian's business plan, the details of its potential fundraise and its £5 million-plus commercial sales pipeline.

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