Catena Group PLC - venture capital firm - Intends to move its accounting reference date to March 31 from December 31 in order to harmonise with Insight Capital Ltd's accounting reference date. The two companies are in talks for Catena to possibly acquire the balance of Insight Capital shares it does not already own. "Since our last announcement we are pleased to report that satisfactory progress is being made and we consider it appropriate to now align the accounting dates of the two companies," says Catena.
Catena will post unaudited interim results for the 12 months to December 31 by March end, and then audited results for the 15 months to March 31 by the end of September. Following this, it will post its unaudited interim results for the six months to September 2021 by the end of that year and then its audited results for 12 months to March 2022 by September 2022.
Current stock price: 59.00 pence
Year-to-date change: up sharply from 26.00p 2019 end
By Anna Farley; annafarley@alliancenews.com
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