Issue of Equity / PDMR / Exercise of Warrants

RNS Number : 7626L

Catenae Innovation PLC

15 September 2021

 

Catenae Innovation PLC

("Catenae" or the "Company")

Issue of Equity / PDMR and Directors' Dealings / Exercise of Warrants

Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of digital media and technology, announces that further to the announcement made on 27 July 2021 the Company has settled certain existing director and PDMR remuneration liabilities through the conversion of accrued salaries and expenses into new ordinary shares (Conversion").

Details of the Conversion and Warrant Exercise are set out in the table below.

Director	Shareholding prior to Conversion	Liability subject to Conversion	Number of Conversion Shares issued1	Number of shares issued pursuant to Warrant Exercise	Shareholding following Admission	Percentage shareholding following Admission
Guy Meyer2	6,104,582	£20,002.20	1,541,951	2,000,000	9,646,533	3.4%
John Farthing	2,741,702	£4,702.14	362,483	-	3,104,185	1.1%

¹ The Conversion Shares are issued at a price of 1.2972p, being the 30 day volume weighted average price per share as at 31 August 2021 ("Conversion Price")

²   As disclosed on 27 July 2021 Guy Meyer intends to transfer £20,000 worth of shares received in lieu of remuneration to an ISA account in his name.

Nick Delacamp, the Company's Chief Commercial Officer (non-Board role) received 102,042 shares pursuant to the Conversion which were also issued at the Conversion Price.

The Company has received notification from Guy Meyer, a director of the Company, to exercise a warrant (announced 31 January 2020) over 2,000,000 shares at an exercise price of 0.4 pence per share providing the Company with gross proceeds of £8,000 ("Warrant Exercise").

Application has been made to the London Stock Exchange for 4,006,476 New Ordinary Shares to be admitted to trading on AIM which is expected to occur on or around 20 September 2021.

Total Voting Rights

In conformity with the FCA's Disclosure Guidance and Transparency Rules provision 5.6.1, the Company advises that following the issue of New Ordinary Shares noted above that its issued share capital comprises 281,220,744 Ordinary Shares of 0.2 pence each carrying one vote per share.

Shareholders should use 281,220,744 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Rules.

- Ends -

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 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:

Catenae Innovation PLC	[phone]
Guy Meyer, Chief Executive Officer

Cairn Financial Advisers LLP (Nominated Adviser)	[phone]
Liam Murray / Jo Turner
Brandon Hill Capital Limited, Broker	[phone]
Andy Gutmann
Yellow Jersey PR (PR & IR)	[phone]
Sarah Hollins / Annabel Atkins / Matthew McHale

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

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	(1)  Guy Meyer (2)  John Farthing (3)  Nick Delacamp
2	Reason for notification
a.	Position/Status	(1)  Chief Executive Officer (2)  Chief Financial Officer (3)  Chief Commercial Officer
b.	Initial notification/ Amendment	(1)  Initial notification (2)  Initial notification (3)  Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Catenae Innovations PLC
b.	LEI	2138007I2D8YWPMSP544
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary Shares of 0.2p   ISIN: GB00BKM6CG53
b.	Nature of the transaction	(1)  Conversion of liabilities and Exercise of Warrant (2)  Conversion of liabilities (3)  Conversion of liabilities
c.	Price(s) and volume(s)
			Price(s) per share	Volume(s)
			(1)  1.2972p / 0.4p (2)  1.2972p (3)  1.2972p	(1)  1,541,951 / 2,000,000 (2)  362,483 (3)  102,042
d.	Aggregated information - Aggregated Volume - Price	N/A N/A
e.	Date of the transaction	13 September 2021
f.	Place of the transaction	AIM, London Stock Exchange

 

END

 

 

IOESFUFLLEFSELU