Exercise of Warrant

Catenai PLC (AIM: CTAI), the AIM quoted provider of digital media and technology, announces that it has received notification for the exercise of a warrant over 12,000,000 new ordinary shares in the Company at an exercise price of 0.3 pence per share providing the Company with proceeds of £36,000 ("Warrant Exercise") which have been received by the Company.

Admission

Application will be made to the London Stock Exchange to admit 12,000,000 new ordinary shares resulting from the Warrant Exercise to trading on AIM. Admission of the new ordinary shares is expected to occur on or around 2 May 2025. The new ordinary shares will rank pari passu with the existing ordinary shares.

Total Voting Rights

For the purpose of the Disclosure and Transparency Rules, following the issue of shares detailed above the enlarged issued share capital of the Company will comprise 406,574,451 ordinary shares of 0.2p each. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

Revised share capital figures in shareholder circular dated 17 April 2025

The share capital figures noted in paragraph 3 of the letter from the chairman on page 6 of the shareholder circular dated 17 April 2025 have accordingly been revised as follows:

The issued share capital of the Company immediately following the Sub-Division, is expected to comprise 406,574,451 New Ordinary Shares, 406,574,451 New Deferred Shares, 32,236,017 Existing Deferred Shares of 9.8 pence each and 57,007,785 Existing Deferred Shares of 0.8 pence each.

Conditional on shareholder approval, following the Sub-Division, Fundraise, Director Settlement and Admission (as detailed below), the issued ordinary share capital of the Company will be 936,574,451 New Ordinary Shares of 0.01 pence each. 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.

Caution regarding forward looking statements