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 ยฃ567,500 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 ยฃ56,750 ("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!!