TIDMCTEA

RNS Number : 3283C

Catenae Innovation PLC

16 October 2020

Catenae Innovation PLC

("Catenae", the "Company" or the "Group")

Issue of Warrants

Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of digital media and technology, announces that, further to the announcement made on 16 October 2020, the Company has agreed to issue warrants over 10,000,000 new ordinary shares in the Company (the "Warrants") to a related party of BHA-Medical (Pty) Limited ("BHA-Medical").

Furthermore, a warrant over 2,000,000 new ordinary shares in the Company (also defined as the "Warrants") will also be issued to other parties on the same terms as BHA-Medical, as detailed below.

The Warrants will be exercisable at a price of 2.5 pence per ordinary share and will vest with immediate effect from the date of grant and may be exercised for a period of up to 2 years from issue. A further announcement will be made when the Warrants are issued.

Following the issue of Warrants, the Company will have 58,354,769 warrants in issue, representing 26.4% of the issued ordinary share capital.

The Company's issued share capital comprises 221,091,508 Ordinary Shares of 0.2p.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged for release of this announcement on behalf of the Company was Guy Meyer, Chief Executive Officer of the Company.

- Ends -

For further information please contact:

 
                                       +44 (0)191 580 
 Catenae Innovation PLC                          8545 
 Guy Meyer, Chief Executive Officer 
 
 
 Cairn Financial Advisers LLP (Nominated Adviser)    +44(0)20 7213 0880 
 Liam Murray / Jo Turner 
 
                                                         +44 (0)20 3463 
 Brandon Hill Capital Limited, Broker                              5000 
 Andy Gutmann 
 
                                                         +44 (0)20 3004 
 Yellow Jersey PR (PR & IP)                                        9512 
 Sarah Hollins / Annabel Atkins

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

Forward-Looking Statements

Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections about its industry; its beliefs; and assumptions. Words such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company's control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements.

The Company cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements, which reflect the view of the Company only as of the date of this announcement. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Company will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.

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(END) Dow Jones Newswires

October 16, 2020 03:43 ET (07:43 GMT)

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