RE: Klarian payment30 Dec 2025 09:26
@Roger and for clarity on the Klarian loan amounts due, see excerpt from the company's June 30 RNS below
"Further to the announcement on 7 April 2025, the Company has entered into an extension agreement ("Extension Agreement") with Klarian. Under the terms of the Extension Agreement, Klarian will repay Catenai the Β£567,500 due under the CLN and related fees by 31 December 2025 (the "Repayment"). If Repayment occurs after 31 September 2025, Catenai will be due an additional fee of Β£56,750 ("Extension Fee"). If Repayment occurs prior to 31 September 2025, then Catenai will receive a proportion of the Extension Fee."
I expect an RNS by Friday, January 2 by virtue of Thursday, January 1 being a public holiday.
Should the loan repayment date be extended again, which I think is very very likely although I personally will prefer Klarian to clear the loan, I expect further interest to be applicable which is still good for Catenai.
Fingers crossed and GLA. 2026 should be great!!