Catenai PLC

MSG

GB00BN7DVG54

Software

Market Closed - London S.E. Other stock markets 11:35:02 2024-06-14 EDT			5-day change	1st Jan Change
0.3 ^GBX	0.00%		0.00%	-47.83%

05-24	Catenai issues Klarian second tranche of GBP450,000 loan note	AN
05-10	EARNINGS AND TRADING: Asiamet Resources declares special dividend	AN

Catenai issues Klarian second tranche of GBP450,000 loan note

May 24, 2024 at 04:28 pm

(Alliance News) - Catenai PLC on Friday said that it has given Klarian Ltd a tranche of GBP150,000 as part of a convertible loan note.

According to the London-based media and technology company, this tranche is the second, following a first payment of GBP150,000. It comes on the basis of Catenai "being satisfied of Klarian's financial performance as part of its condition to advance further tranches" under the note.

The note was originally agreed in April, when Catenai said it would raise GBP450,000 from the issue of convertible loan notes.

Shares in Catenai were down 17% at 0.25 pence each in London on Friday.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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Company Profile

Catenai PLC provides the reassurance that people and businesses need in their interactions. Its trusted technology delivers solutions that reinforce trust between businesses, their workforce, their customers and supply-chain providers. Its range of business-to-business and business-to-consumer products validate the identity or health status of individual employees, service providers or customers. Its products include Operating System, Monitoring Platforms, Intelligent Dashboarding, OnSite WorkID, OnSite TaskManager and OnSide. The Operating System comprises fully customizable mobile apps, intelligent dashboards and a fully secure system to manage data uploads and transfers. OnSite WorkID is a digital wallet that allows the service provider to prove their identity and status to a third party. OnSite TaskManager is a mobile management, inspection and reporting solution. OnSide is a centralized management tool specifically developed for local governments and community groups.

Sector

Software

Calendar

2024-06-26 - Q2 2024 Earnings Release (Projected)

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