Catenae Innovation PLC Update re Working Capital

Data : 20/12/2019 @ 18:02
Fonte : UK Regulatory (RNS & others)
Titolo : Catenae Innovation Plc (CTEA)
Quotazione : 0.6  -0.05 (-7.69%) @ 14:43
Quotazione Catenae Innovation Grafico

Catenae Innovation PLC Update re Working Capital

Grafico Azioni Catenae Innovation (LSE:CTEA)
Storico

3 Mesi : Da Nov 2019 a Feb 2020

Clicca qui per i Grafici di Catenae Innovation

TIDMCTEA

RNS Number : 7279X

Catenae Innovation PLC

20 December 2019

CATENAE INNOVATION PLC

("Catenae" or the "Company")

Update re Working Capital

Catenae (AIM:CTEA), the AIM quoted provider of digital media and technology, wishes to update the market that its trading performance continues to be below management expectations, as notified on 11 September 2019, and the Company's financial position remains weak. The Directors have convened a general meeting for Monday 23 December 2019, where resolutions will be proposed that will enable the Company to raise new equity finance. In the event that the resolutions are not passed, the Directors will need to urgently seek alternative sources of finance as it is important that significant additional funding is secured in the near term in order to provide a sustainable basis on which the Company can continue to operate.

A further announcement will be made in due course.

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).

For further information:

 
 
  Catenae Innovation Plc                           Tel: 020 7929 7826 
  Guy Meyer 
Cairn Financial Advisers LLP, Nominated Adviser  Tel: 020 7213 0880 
 Liam Murray / Jo Turner 
 Turner Pope Investments (TPI) Limited, Broker   Tel: 020 3657 0050 
   Andrew Thacker / Zoe Alexander 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

UPDLLFERFTLIFIA

(END) Dow Jones Newswires

December 20, 2019 12:02 ET (17:02 GMT)

La tua Cronologia
BIT
BMPS
Monte Pasc..
BITI
FTSEMIB
FTSE Mib
BIT
UCG
Unicredit
NASDAQ
AAPL
Apple
FX
EURUSD
Euro vs Do..
Le azioni che visualizzerai appariranno in questo riquadro, così potrai facilmente tornare alle quotazioni di tuo interesse.

Registrati ora per creare la tua watchlist personalizzata in tempo reale streaming.

Per accedere al tempo reale push di Borsa è necessario registrarsi.

Accedendo ai servizi offerti da ADVFN, ne si accettano le condizioni generali Termini & Condizioni

P: V:it D:20200223 10:11:34