Catenai PLC announces AGM and share sub-division plans

Published 17/04/2025, 15:38
Catenai PLC announces AGM and share sub-division plans

LONDON - Catenai PLC (AIM:CTAI), a provider of digital media and technology services, has announced its upcoming Annual General Meeting (AGM) and a proposed share sub-division. The AGM is scheduled to take place at noon on May 12, 2025, at the offices of RWK Goodman LLP in London.

In addition to the standard proceedings, the AGM will feature a presentation by Barry Downes, the Chairman of Alludium Ltd, a company in which Catenai is planning to invest. Downes will also address questions from shareholders following the formal business of the meeting.

The company further informed shareholders that the notice for the AGM can be accessed on their website. Catenai also plans to host an investor event during London Tech Week, which begins on June 9, 2025, to present Alludium. Details for this event will be announced closer to the date.

The timeline for the share sub-division includes the final date for receipt of proxy forms by May 8, 2025, and the last day for trading existing ordinary shares set for May 12, 2025. The new ordinary shares are expected to be admitted and commence trading on May 15, 2025, the same day CREST accounts will be credited with the new shares in uncertificated form.

The company has cautioned that the dates mentioned in the timetable are subject to change, and any adjustments will be communicated through a regulatory information service announcement.

The announcement, which contains insider information in accordance with UK Market Abuse Regulation, was disseminated under the oversight of John Farthing, Catenai’s Interim Chief Executive Officer. The directors of Catenai are responsible for the release of this information.

Investors and stakeholders are encouraged to view the details of the Chairman’s letter and the definitions provided in Appendix I of the notice for a comprehensive understanding of the proposals and the company’s future direction. This news is based on a press release statement issued by Catenai PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.