TIDMCTEA
RNS Number : 2768T
Catenae Innovation PLC
17 July 2020
Catenae Innovation PLC
("Catenae", the "Company" or the "Group")
Directors' Dealings / Transfer and Exercise of Warrants
Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of
digital media and technology, announces the transfer of 3,750,000
warrants from Brian Thompson, a director of the Company to Guy
Meyer and John Farthing (also directors of the Company) and the
subsequent exercise of the warrants and issue of equity.
Transfer of Warrants
Brian Thompson has transferred warrants over 2,500,000 new
ordinary shares to Guy Meyer and warrants to John Farthing over
1,250,000 new ordinary shares. The warrants are exercisable at a
price of 0.4 pence per new ordinary share, details of which are set
out below.
Following the warrant transfer, Brian Thompson holds warrants
over 26,931,818 new ordinary shares in the Company, exercisable at
0.4 pence per share. These warrants may be exercised at any time
prior to 14 May 2022.
Exercise of Warrants & Issue of Equity
The Company has received notification of exercise of the
warrants over 3,750,000 ordinary shares, providing the Company with
proceeds of GBP15,000. Following the warrant exercises, details of
resulting shareholdings of the directors of the Company are set out
below:
Director Shareholding Shares issued Shareholding % of enlarged
prior to exercise pursuant subsequent issued share
of warrant referred to warrant to the warrant capital following
to above exercise exercise warrant exercise
Brian Thompson 31,318,797 - 31,318,797 14.2%
--------------------- -------------- ---------------- -------------------
Guy Meyer 3,104,582 2,500,000 5,604,582 2.5%
--------------------- -------------- ---------------- -------------------
John Farthing 1,341,702 1,250,000 2,591,702 1.2%
--------------------- -------------- ---------------- -------------------
Guy Meyer and John Farthing have both entered into a lock-in
deed with the Company, undertaking not to dispose of the shares
held as a result of the warrant exercise for a period of 12 months
from their admission to trading on AIM.
Application will be made to the London Stock Exchange to admit
the 3,750,000 new ordinary shares resulting from the exercise of
warrants to trading on AIM. Admission of the new ordinary shares is
expected to occur on or around 22 July 2020. The new ordinary
shares will rank pari passu with the existing ordinary shares.
For the purpose of the Disclosure and Transparency Rules,
following the issue of shares detailed above the enlarged issued
share capital of the Company will comprise 220,749,043 ordinary
shares of 0.2 pence each. The above figure may be used by
shareholders 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 Disclosure
and Transparency Rules.
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, Interim Chief Executive Officer of the Company.
- Ends -
For further information please contact:
+44 (0)191 580
Catenae Innovation PLC 8545
Guy Meyer, Interim CEO
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)78796 8313
+44 (0)20 3004
Yellow Jersey PR (PR & IR) 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. The Company specialises in Distributed
Ledger Technology solutions that solve commercial challenges and
create opportunities for its clients. The Company has an
experienced IT team of project managers and integrators who have
deployed systems across corporate, government and educational
sectors.
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 Brian Thompson
--------------------------------------- -------------------------------------------------
2 Reason for notification
--------------------------------------- -------------------------------------------------
a. Position/Status Non-Executive Chairman
--------------------------------------- -------------------------------------------------
b. Initial notification/ Initial notification
Amendment
--------------------------------------- -------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------------
a. Name Catenae Innovation 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 Warrant over ordinary shares of 0.2p each
the financial
instrument, type
of instrument
ISIN: GB00BKM6CG53
Identification
Code
--------------------------------------- -------------------------------------------------
b. Nature of the Transfer of warrants
transaction
--------------------------------------- -------------------------------------------------
c. Price(s) and volume(s) Price(s) per Volume(s)
share
--------------------------------------- -------------------------
0.4p 3,750,000
------------------------- -----------------
d. Aggregated information
- Aggregated Volume n/a
- Price n/a
--------------------------------------- -------------------------------------------------
e. Date of the transaction 16 July 2020
--------------------------------------- -------------------------------------------------
f. Place of the transaction AIM, London Stock Exchange
--------------------------------------- -------------------------------------------------
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 a) Guy Meyer
b) John Farthing
-------------------------------- ------------------------------------------------
2 Reason for notification
-------------------------------- ------------------------------------------------
a. Position/Status a) Interim CEO
b) CFO
-------------------------------- ------------------------------------------------
b. Initial notification/ Initial notification
Amendment
-------------------------------- ------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a. Name Catenae Innovation 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 Warrant over ordinary shares of 0.2p each
the financial
instrument, type
of instrument
ISIN: GB00BKM6CG53
Identification
Code
-------------------------------- ------------------------------------------------
b. Nature of the Exercise of warrants
transaction
-------------------------------- ------------------------------------------------
c. Price(s) and volume(s) Price(s) per Volume(s)
share
-------------------------------- -------------------
a) 0.4p a) 2,500,000
b) 0.4p b) 1,250,000
------------------- -----------------------
Aggregated information
- Aggregated Volume 3,750,000
d. - Price 0.4p
-------------------------------- ------------------------------------------------
e. Date of the transaction 16 July 2020
-------------------------------- ------------------------------------------------
f. Place of the transaction AIM, London Stock Exchange
-------------------------------- ------------------------------------------------
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END
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