Klarian update

Summary by AI BETAClose X

Catenai PLC has announced an update regarding Klarian Ltd, to whom it provided a £450,000 unsecured convertible loan note facility. Klarian is now expected to repay Catenai £624,250 by 31 March 2026, with an additional fee of £74,910 due if repayment occurs after 28 February 2026, or a proportional amount if repaid earlier. Catenai shareholders will have the opportunity to learn more about Klarian's progress through an upcoming investor webinar.

Disclaimer*

Catenai PLC
05 January 2026
 

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:

 

Catenai PLC

+44 (0)20 7183 8666

John Farthing, Interim Chief Executive Officer




Cairn Financial Advisers LLP (Nominated Adviser)

+44(0)20 7213 0880

Liam Murray / Ludovico Lazzaretti / James Western




Shard Capital Partners LLP (Broker)

+44 (0)20 7186 9952

Damon Heath




Yellow Jersey PR                                                                                

+44 (0) 20 3004 9512

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.

 

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