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Catenae Innovation #CTEA – Company Update and Issue of Equity

Catenae (AIM: CTEA), the AIM quoted provider of digital media and technology is pleased to announce new contracts, changes to its senior Management team and an Issue of Equity.

New Agreements
OnSide is a centralised management tool specifically developed for sports organisations.  It deals with all the key elements of community coaching from scheduling of staff and timesheet processing through to attendee management and reporting in a GDPR compliant platform.

Bradford City FC – The Company has entered into a proof of concept agreement with Bradford City FC Community Foundation (“Bradford”). It is anticipated that, on successful completion of the proof of concept, Bradford will convert the programme to a full agreement. A further announcement regarding this will be made in due course.  This brings the number of Football and Rugby clubs who have entered into agreements with the Company to six with ongoing conversations with a number of others.

3rd Sector Charity – The Company has also entered into its first agreement for OnSide within a non-sports related charity sector.  The charity has identified OnSide as providing the management and reporting functionality it requires to prove outcomes within its funding model.  The requirement utilises the Mentor management module that was released in the most recent OnSide product update.

Appointment of Head of Sales
The Company is pleased to announce the appointment of Nick Delacamp as Head of Sales. Nick brings a wealth of experience building sales organisations to deliver sustainable annuity revenues at organisations such as BT Global Services.
One of Nick’s first actions has been the appointment of a leading marketing partner to engage targeted organisations focussed upon the core sectors for the “OnSuite products” (i.e. OnSite, OnGuard and OnSide).

Issue of Equity
The Company has agreed to issue a total of 50,000,000 new ordinary shares of 0.1 pence per share in the Company at a price of 0.1 pence per share, settling £50,000 of creditor balances.

The 50,000,000 new ordinary shares will rank pari passu with the existing ordinary shares of Catenae. Application will be made for the 50,000,000 new ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 28 May 2019.

Following the issue, the Company will have in issue 3,223,601,652 Ordinary shares with voting rights. The above figure may be used by shareholders as the denominator for 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 Tony Sanders (Chief Executive Officer).

For further information:

Catenae Innovation Plc
Tony Sanders
Tel: 020 7929 7826
 

Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Jo Turner

Tel: 020 7213 0880

 

Alexander David Securities Limited, Joint  Broker
David Scott / James Dewhurst

 

Tel: 020 7448 9820

 

Turner Pope Investments Limited, Joint Broker
 Andrew Thacker

Catenae Innovation #CTEA – Result of General Meeting

The Board of Catenae (AIM:CTEA), the AIM quoted provider of digital media and technology announces that at the General Meeting held today, all resolutions were duly passed.

For further information:

 

Catenae Innovation Plc

Tony Sanders

 

Tel: 020 7979 7826

 

Cairn Financial Advisers LLP, Nominated Adviser

Liam Murray / Jo Turner

 

Tel: 020 7213 0880

 

Alexander David Securities Limited, Joint Broker

David Scott  /James Dewhurst

 

Tel: 020 7448 9820

 

Turner Pope Investments Limited, Joint Broker
Andy Thacker

 

Tel: 020 3621 4120

Catenae Innovation #CTEA – Notice of General Meeting

The Board of Catenae (AIM:CTEA), the AIM quoted provider of digital media and technology announces that it will hold a General Meeting to seek shareholder approval further to the announcement of 27 February 2019. The General Meeting will be held at the Company’s offices of WeWork, 1 Primrose Street, London EC2A 2EX at 12.00 pm on 25 April 2019.

The purpose of the meeting is to seek shareholders to approve new authority pursuant to section 551 and 570 of the Companies Act, which allows the Company to issue and allot new ordinary shares in the Company on a non pre-emptive basis. The Company announced on 27 February 2019 that it had placed 575,000,000 new ordinary shares together with warrants attached. The new authority is required, inter alia, to allow the warrants referred to in the 27 February 2019 announcement to be issued and to allow the Company to raise further equity capital on a non pre-emptive basis in the future.

A copy of the notice of General Meeting will shortly be available on the Company’s website: www.catenaeinnovation.com

 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 Tony Sanders (Chief Executive Officer).

For further information:

Catenae Innovation Plc

Tony Sanders

 

Tel: 020 7979 7826

 
Cairn Financial Advisers LLP, Nominated Adviser

Liam Murray / Jo Turner

 

Tel: 020 7213 0880

Alexander David Securities Limited, Joint Broker

David Scott  /James Dewhurst

 

Tel: 020 7448 9820

Turner Pope Investments Limited, Joint Broker

Andy Thacker

 

Tel: 020 3621 4120

Brand Comms CEO Alan Green talks Cadence Minerals #KDNC, Catenae Innovation #CTEA & iGas Energy #IGAS on the Vox Markets podcast

https://audioboom.com/posts/7212963-arif-khurshed-author-of-initial-public-offerings-alan-green-on-3-stocks-darren-sinden-on-macro

Alan Green CEO of Brand Communications discusses Cadence Minerals #KDNC, Catenae Innovations #CTEA and Igas Energy #IGAS with Justin Waite on the Vox Markets podcast. The interview starts at 18 minutes 34 seconds.

Brand Comms Podcast – Brand CEO Alan Green talks to Catenae Innovation #CTEA CEO Tony Sanders

Brand Comms CEO Alan Green talks to Tony Sanders, CEO of AIM listed Catenae Innovation (CTEA). Tony explains how Catenae have developed a range of blockchain applications for Onside, Onguard and Onsite, an application for multiple commercial processes. Tony talks through a recent contract win: a Firedoor inspection contract, which creates an annual annuity stream plus revenue per transaction. On the recent funding, Tony discusses the management team, which between them have invested over £300k from over the past 2 placings and now own over 7% between them. He explains how the funds will be used for sales and marketing, and how Catenae are one of the few companies around the world already earning money from the commercial application of blockchain in areas other than crypto currency.

Thought for the Day: Catenae Innovation #CTEA – Golden Building Blocks

Thought for the Day:

The market seems to have completely missed the significance of the recent placing at Catenae Innovation #CTEA . Between them, the board have spent over £110k buying shares (over £300k including the last placing), institutional investor Miton bought more stock to maintain their current holding AND after spending £75k of his own money in the placing, CEO Tony Sanders now owns 3.38% of the company. For any retail investor seeking a blockchain investment proposition, these are golden building blocks that simply cannot be ignored; it is a huge vote of confidence in the company and its future.

Catenae Innovation Plc (CTEA) – Holding(s) in Company

   TR-1: Standard form for notification of major holding

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Catenae Innovation PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name Anthony John Sanders
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi: 6th March 2019
6. Date on which issuer notified (DD/MM/YYYY): 13th March 2019
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B) Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached 3.38 3.38 3,173,601,652
Position of previous notification (if
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares

ISIN code (if possible)
Number of voting rightsix % of voting rights
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary Shares
GB0033127910
107,287,499 3.38
SUBTOTAL 8. A 107,287,499 3.38
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument Expiration
date
x
Exercise/
Conversion Period
xi
Number of voting rights that may be acquired if the instrument is 
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument Expiration
date
x
Exercise/
Conversion Period 
xi
Physical or cash 
settlementxii
Number of voting rights % of voting rights
  SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii X
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
Namexv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
 
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
Place of completion London, UK
Date of completion 13/03/19

Catenae Innovation #CTEA – Placing, Appointment of Joint Broker, Issue of Warrants & Related Party Transaction

Catenae (AIM: CTEA), the AIM-quoted provider of digital media and technology, is pleased to announce a placing and subscription for a total of 575,000,000 new ordinary shares of 0.10 pence per share in the Company at a price of 0.10 pence per share (“Placing Shares”) for gross proceeds of £575,000 (“the Placing”).

The Placing Shares have been issued at the prevailing market mid-price and the Placing includes further investment from an existing institutional investor to maintain its percentage holding.

Certain directors and senior managers have participated in the Placing, which is a related party transaction, further details of which is set out below.

Issue of Warrants

The Company is also issuing one warrant for every one Placing Share issued at an exercise price of 0.125p which may be exercised up to three years from the date of issue. If exercised, the warrant holder will be entitled to receive a further warrant exercisable at 0.15p which may be exercised for a further two-year period (together, the “Placing Warrants”).

The Placing Warrants will not be listed and will be part-issued (approximately 50 per cent.) on Admission of the Placing Shares and part subject to approval of authorities being granted at an Extraordinary General Meeting, notice of which is provided supplementary to this statement.

Appointment of Joint Broker

The Company is pleased to announce that Turner Pope Investments Limited (“TPI”) has been appointed Joint Broker with immediate effect.

The Placing was undertaken by TPI which has agreed to receive the majority of their broking fee in shares at the Placing Price and, accordingly, a further 20,000,000 ordinary shares (“Fee Shares”) will be issued.

Admission

Application will be made for the 595,000,000 new ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 5 March 2019.  The 595,000,000 new ordinary shares will rank pari passu with the existing ordinary shares of Catenae.

Following Admission of the Placing Shares and Fee Shares, the Company will have in issue 3,173,601,652 ordinary shares with voting rights. The Company holds 83,333,332 ordinary shares in treasury. The above figure of 3,173,601,652 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.

Related Party Transaction

Name Title Number of shares subscribed for in the Placing Number of ordinary shares held following the Placing
Tony Sanders Director 75,000,000 107,287,499
Guy Meyer Director 15,000,000 110,458,292
Alan Simpson Chief Technology Officer 10,000,000 26,667,667
John Farthing Chief Financial Officer 10,000,000 18,333,334
Total 110,000,000 262,746,792

The issue of shares to Tony Sanders, Guy Meyer, Alan Simpson and John Farthing is a related party transaction pursuant to AIM Rule 13 (the “Transaction”).  Kevin Everett, a director of the Company who is independent of the Transaction, having consulted with Cairn Financial Advisers LLP, the Company’s nominated adviser, believes that the terms of the transaction are fair and reasonable insofar as shareholders are concerned.

Tony Sanders – CEO commented:  “We are pleased to receive this additional support at an important time for the Company’s development strategy and Catenae will invest a substantial proportion of the Placing funds in sales and marketing initiatives to help secure existing opportunities and develop the sales pipeline.”

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 Tony Sanders (Chief Executive Officer).

For further information:

Catenae Innovation Plc
Tony Sanders
Tel: 020 7929 7826
 

Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Jo Turner

Tel: 020 7213 0880

 

Alexander David Securities Limited, Joint Broker
David Scott / James Dewhurst

Tel: 020 7448 9820

Turner Pope Investments Limited, Joint Broker
Andy Thacker

Tel: 020 3621 4120
   
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
  1. Tony Sanders
  2. Guy Meyer
  3. Alan Simpson
  4. John Farthing
2 Reason for notification
a. Position/Status
  1. Director
  2. Director
  3. Chief Technology Officer
  4. Chief Financial Officer
b. Initial notification/
Amendment
Initial notification
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 the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.10 pence per share

ISIN: GB0033127910

b. Nature of the transaction  Issue of shares in the Placing
c. Price(s) and volume(s)
Price(s) per share Volume(s)
0.10p a) 75,000,000
b) 15,000,000
c) 10,000,000
d) 10,000,000
d. Aggregated information

– Aggregated Volume

– Price

110,000,000

0.10p

e. Date of the transaction 27 February 2019
f. Place of the transaction AIM, London Stock Exchange

Catenae Innovation #CTEA signs renewable licence framework agreement to use ChainZy

Catenae (AIM:CTEA), the AIM quoted provider of digital media and technology announces it has entered into a 5-year renewable licence framework agreement with Z/Yen Group Limited for the use of “ChainZy” – Z/Yen’s distributed ledger platform.

ChainZy delivers high speed, secure data and transaction handling capabilities utilising distributed ledgers. ChainZy is designed to be used in market sectors that require the secure, authoritative and immutable history of auditable transactions: financial services, private utilities, the public sector and many other areas of business and government activity.

The ChainZy platform can be utilised to support Catenae’s universal digital repository application, Sequestrum, as well as future applications the Company may develop. Sequestrum provides the immutability function for the recently launched OnSite product and ChainZy provides the distributed ledger platform in this instance.  ChainZy has been extensively tested with Sequestrum and is our preferred platform.

The use of the Chainzy product and associated licence fee will be dependent on the Company’s solution for each specific client. The fee structure will take the form of a licence fee and / or a per transaction fee.

Professor Michael Mainelli, Executive Chairman and co-founder Z/Yen Group Limited commented: “Catenae’s business is the perfect synergetic match for ChainZy.  We have a good working relationship over many years with their excellent CTO, Alan Simpson.  Their desire to deliver smart ledgers for responsible independent time recording on our ‘Internet of Record’, ChainZy, is commendable.  We look forward to developing more innovations that fundamentally alter the way business does business and government governs.”

Tony Sanders, CEO commented: “We are pleased to formalise our relationship with Z/Yen, who have been working in the distributed ledger arena for a good number of years under the world-renowned thought leadership of Professor Mainelli. We look forward to this mutually beneficial relationship, collaborating together to develop real-world, commercially viable solutions that meet pressing corporate and organisational needs.”

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 Tony Sanders (Chief Executive Officer).

For further information:

Catenae Innovation Plc
Tony Sanders
Tel: 020 7929 7826
 

Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Jo Turner

Tel: 020 7213 0880
 

Alexander David Securities Limited, Broker
David Scott / James Dewhurst

 

Tel: 020 7448 9820

Catenae Innovation (CTEA) Result of Annual General Meeting

Result of Annual General Meeting

At the Annual General Meeting of the Company held today, all resolutions were duly passed.

For further information:

Catenae Innovation Plc
Tony Sanders
Tel: 020 7929 7826
 

Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Jo Turner

Tel: 020 7213 0880

 

Alexander David Securities Limited, Broker
David Scott / James Dewhurst

 

Tel: 020 7448 9820

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