REG - Catenai PLC - Klarian Update and Webinar

CatenaiAnnouncement

22/05/2026 07:00

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RNS Number : 3608F  Catenai PLC  22 May 2026

22 May 2026

Catenai PLC

 

("Catenai", the "Company")

 

Klarian Update and Webinar

 

Catenai PLC (AIM: CTAI), the AIM quoted provider of digital media and
technology services, announces an update relating to Klarian Ltd ("Klarian"),
a company to which Catenai provided a £450,000 unsecured convertible loan
note facility ("CLN") as per the announcement of 25 April 2024.

 

Further to the announcements on 7 April 2025, 30 June 2025, 5 January 2026 and
20 April 2026, the Company has entered into a further extension agreement
("Extension Agreement") with Klarian. Under the terms of the Extension
Agreement, Klarian will repay Catenai £699,160 due under the CLN and related
fees as at 1 April 2026 (the "Repayment"), by 1 July 2026 (the "Repayment
Date") together with an additional fee of 3% per month (or part thereof) which
will accrue on the outstanding balance until repayment. There can be no
certainty that Klarian will complete the Repayment in full by the Repayment
Date, however; Klarian has confirmed it will endeavour to make an initial
repayment on or before 1 July 2026.

Klarian has also informed Catenai that it has entered into a collaborative
pilot project with an existing MOU partner that provides technology solutions
to companies operating in the energy and natural resources sectors (the
"Project"). The aim of the Project is to demonstrate the value of Klarian's
physics-based virtual sensor technology for offshore pipeline assets,
targeting select customers of the MOU partner that own or operate offshore
production infrastructure, with the objective of integrating Klarian's virtual
sensors (estimating pressure, temperature, flow and related variables) into a
broader data ecosystem. As previously disclosed on 20 April 2026, Klarian has
made significant advancements with its commercial sales pipeline, which now
exceeds £5 million and is progressing discussions with investors.

 

To present further details and answer questions on Klarian's latest
developments, the company will hold an investor webinar with Andrew Garner,
Chairman of Klarian and Gary Chandler, Klarian's Chief Technology Officer, via
the Investor Meet Company platform at 10.00 a.m. on 5 June 2026.

 

The presentation is open to all existing and potential investors. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
9:00 a.m. the day before the meeting or at any time during the live
presentation.

 

Investors can sign up to Investor Meet Company for free and add to meet
Catenai plc via: https://www.investormeetcompany.com/catenai-plc/register
(https://www.investormeetcompany.com/catenai-plc/register) .

 

Investors who already follow Catenai plc on the Investor Meet Company
platform will automatically be invited.

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation. The person who arranged for release of this
announcement on behalf of the Company was John Farthing, Interim Chief
Executive Officer of the Company and the Directors of the Company are
responsible for the release of this announcement.

 

 

For further information please contact:

 

 Catenai PLC                                                                                                                                                          +44 (0)20 7183 8666
 John Farthing, Interim Chief Executive Officer

 Cairn Financial Advisers LLP (Nominated Adviser)                                                                                                                     +44(0)20 7213 0880
 Liam Murray / Ludovico Lazzaretti / James Western

 Shard Capital Partners LLP (Broker)                                                                                                                                  +44 (0)20 7186 9952
 Damon Heath

 Yellow Jersey                                                                                                                                                        +44 (0) 20 3004 9512
 PR
 Charles Goodwin / Ryan Forecast

 

Notes to Editors:

 

About Catenai PLC

Catenai is an AIM quoted provider of digital media and technology services.
The Company has an experienced IT team of project managers and integrators who
have deployed systems across corporate, government and educational sectors.

www.catenaiplc.com (http://www.catenaiplc.com)

 

Caution regarding forward looking statements

 

Certain statements in this announcement, are, or may be deemed to be, forward
looking statements. Forward looking statements are identified by their use of
terms and phrases such as ''believe'', ''could'', "should" ''envisage'',
''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect",
''will'' or the negative of those, variations or comparable expressions,
including references to assumptions. These forward looking statements are not
based on historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth, results of operations,
performance, future capital and other expenditures (including the amount,
nature and sources of funding thereof), competitive advantages, business
prospects and opportunities. Such forward looking statements reflect the
Directors' current beliefs and assumptions and are based on information
currently available to the Directors.

 

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