Catena Group PLC Exercise of warrants and total voting rights (0050S)
March 11 2021 - 9:33AM
UK Regulatory
TIDMCTNA
RNS Number : 0050S
Catena Group PLC
11 March 2021
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the company's obligations under Article 17 of MAR.
11 March 2021
Catena Group PLC
("Catena" or the "Company")
Exercise of warrants and total voting rights
The Company announces that it has received warrant exercise
notices from Richard Bernstein over an aggregate of 1,000,000 new
ordinary shares of 1 pence each in the Company ("Ordinary Shares").
Of the new Ordinary Shares, 500,000 warrants have an exercise price
of 10p and 500,000 warrants have an exercise price of 25p. The
exercise of these warrants provides the Company with proceeds of
GBP175,000.
Following the issue of the new Ordinary Shares, Richard
Bernsteins's interest in the share capital of the Company will
comprise 11,721,000 Ordinary Shares, representing 27.5 per cent. of
the Company's issued share capital.
Admission
The existing ordinary shares of Catena are currently temporarily
suspended pending the publication of an admission document in
respect of a potential acquisition of Insight, which is deemed to
be a reverse takeover under the AIM Rules, or the release of an
announcement by the Company confirming that discussion and all
activity relating to the potential acquisition of Insight have
terminated. However, application will be made to the London Stock
Exchange for the 1,000,000 new Ordinary Shares to be admitted to
trading on AIM following either of these events having
occurred.
Total Voting Rights
Following the issue of these new Ordinary Shares, the Company
will have 42,661,638 Ordinary Shares in issue, none of which will
be held in treasury. Accordingly, the total number of voting rights
in the Company will be 42,661,638 and shareholders may use this
figure 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 FCA's Disclosure
Guidance and Transparency Rules.
* ENDS *
This announcement has been released by Matthew Farnum-Schneider,
Chief Executive, on behalf of the Company.
For further information, please visit www.catenagroup.co.uk or
contact:
Catena Group PLC
Matthew Farnum-Schneider, Chief Executive +44 (0)20 3744 0900
Zeus Capital Limited (Nominated Adviser
& Broker)
David Foreman / Daniel Harris / Rishi Majithia +44 (0) 203 829 5000
SEC Newgate (Financial PR) +44 (0) 7540 106 366
Robin Tozer catena@secnewgate.com
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END
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March 11, 2021 10:33 ET (15:33 GMT)
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