Catenae Innovation PLC Share Price Movement and Update (7118P)
11 Junio 2020 - 8:02AM
UK Regulatory
TIDMCTEA
RNS Number : 7118P
Catenae Innovation PLC
11 June 2020
11 June 2020
Catenae Innovation PLC
("Catenae", or the "Company")
Share Price Movement and Update
Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of
digital media and technology, notes the recent movement in its
share price and provides the following update.
On 29 May 2020 the Company announced an agreement with Newcastle
Premier Health Ltd ("NPH") for it to provide its knowhow and to
pilot the Company's Cov-ID project. A proof of concept relating to
the Cov-ID project was expected to be announced within a few weeks
of that date.
The Company anticipates being able to update the market in
relation to a proof of concept by 19 June 2020.
Furthermore, the Company is in discussion with its broker in
relation to a possible fundraise. If a fundraise occurs it will be
at a significant discount to the current share price.
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 of the Company.
- Ends -
For further information please contact:
Catenae Innovation PLC +44 (0) 191 580 8545
Guy Meyer, Interim Chief Executive Officer
Cairn Financial Advisers LLP (Nominated Adviser) +44 (0)20 7213 0880
Liam Murray
Jo Turner
Brandon Hill Capital Limited (Broker) +44 (0) 20 3463 5000
Andy Gutmann +44 (0)78796 8313
Yellow Jersey PR (PR & IR) +44 (0)20 3004 9512
Sarah Hollins
Annabel Atkins
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
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June 11, 2020 09:02 ET (13:02 GMT)
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