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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Catenae Innovation Plc | LSE:CTEA | London | Ordinary Share | GB00BN7DVG54 | ORD GBP0.002 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.55 | 0.50 | 0.60 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2022 to Apr 2024
TIDMCTEA
RNS Number : 6819L
Catenae Innovation PLC
17 May 2022
Catenae Innovation PLC
("Catenae" or the "Company")
Further re:- Hyperneph Software Limited
The Company announces that it has received a claim from certain minority shareholders in its subsidiary undertaking - Hyperneph Software Limited in relation to the acquisition agreement announced on 4 May 2021. The claim is for a specified sum of GBP49,875 along with specific performance of various clauses under the acquisition agreement. The Company, based on its legal advice does not believe there is any merit to the claim and intends to submit a counterclaim.
The Company's shares were temporarily suspended from trading on AIM pursuant to AIM Rule 41 with effect from 07:30 on 1 April 2022 as it was not in a position to complete the audit of its financial statements to 30 September 2021. A company's shares can remain suspended up to 6 months from the date of suspension, following which its shares would be cancelled from trading on AIM.
The Company currently has cash resources of approximately GBP328,000.
- Ends -
The person who arranged for release of this announcement on behalf of the Company was Guy Meyer, 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:
Hot Features
Premium
+44 (0)191 580
Catenae Innovation PLC 8545
Guy Meyer, Chief Executive Officer
+44 (0)20 7213
Cairn Financial Advisers LLP (Nominated Adviser) 0880
Liam Murray / Jo Turner
+44 (0)20 7186
Shard Capital Partners LLP (Broker) 9952
Damon Heath
+44 (0)20 3004
Yellow Jersey PR (PR & IR) 9512
Sarah Hollins / Annabel Atkins / James Lingfield
Notes to Editors:
About Catenae Innovation PLC
Catenae Innovation is an AIM quoted provider of digital media and technology services. Catenae use the power of blockchain to deliver solutions where its people-centric technology enables trust and certainty allowing organisations to gain better control over their operations, manage staff and safely welcome customers.
www.catenaeinnovation.com
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END
MSCDZGMKVVMGZZM
(END) Dow Jones Newswires
May 17, 2022 10:03 ET (14:03 GMT)
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