5 January 2026
Catenai PLC
("Catenai", the "Company")
Klarian update
Catenai PLC (AIM: CTAI), the AIM quoted provider of digital media and technology services, issues an update on 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.
Further to the announcements on 7 April 2025 and 30 June 2025, the Company has entered into a further extension agreement ("Extension Agreement") with Klarian. Under the terms of the Extension Agreement, Klarian will repay Catenai the £624,250 due under the CLN and related fees by 31 March 2026 (the "Repayment"). If Repayment occurs after 28 February 2026, Catenai will be due an additional fee of £74,910 ("Extension Fee"). If Repayment occurs prior to 28 February 2026, then Catenai will receive a proportion of the Extension Fee.
In addition, the Company intends to hold an investor webinar with Rob Clegg, CEO of Klarian, via the Investor Meet Company platform. The presentation will provide an opportunity for Klarian to introduce its business to Catenai's shareholders and summarise its positive progress through 2025. A further announcement confirming the exact date and time for the webinar will be made in due course.
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:
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Catenai PLC |
+44 (0)20 7183 8666 |
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John Farthing, Interim Chief Executive Officer |
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Cairn Financial Advisers LLP (Nominated Adviser) |
+44(0)20 7213 0880 |
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Liam Murray / Ludovico Lazzaretti / James Western |
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Shard Capital Partners LLP (Broker) |
+44 (0)20 7186 9952 |
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Damon Heath |
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Yellow Jersey PR |
+44 (0) 20 3004 9512 |
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Charles Goodwin / Ryan Forecast |
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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.
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.