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Proposed Name Change to Insig AI Plc

22 Mar 2021 07:00

RNS Number : 9451S
Catena Group PLC
22 March 2021
 

22 March 2021

Catena Group PLC

("Catena" or the "Company")

Proposed Name Change to Insig AI Plc

 

The Board of Catena is pleased to announce that it continues to make good progress on its proposed acquisition of Insight Capital Partners Limited (the "Acquisition").

As a result, the Company announces its intention, upon completion of the Acquisition, to change its name to Insig AI Plc in order to better represent the new operational focus of the enlarged group. This change will require shareholder approval, which will be sought at the general meeting to approve the Acquisition. Further details will be provided in the Company's admission document in respect of the proposed Acquisition, which the directors expect to publish in due course.

 

 * ENDS *

 

 

For further information, please visit www.catenagroup.co.uk or contact:

 

Catena Group PLC

Matthew Farnum-Schneider, Chief Executive

 

+44 (0)20 3744 0900

Zeus Capital Limited (Nominated Adviser & Broker)

David Foreman / Daniel Harris / Rishi Majithia

 

+44 (0) 203 829 5000

SEC Newgate (Financial PR)

Robin Tozer

 

+44 (0) 7540 106 366

catena@secnewgate.com

 

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