IN BRIEF: Catenae Innovation submits counterclaim against Hyperneph

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Catenae Innovation PLC - Newcastle-based digital media and technology company - Submits a counterclaim of £290,000 against claims made by minority shareholders in its subsidiary Hyperneph Software Ltd. Adds it will continue to defend against the claim.

Company expects to publish its results for the financial year that ended September 30, 2021 and its interim results for the six months that ended March 31, 2022, by October 1. Expects shares to be restored to trading on AIM following the publication of these results.

Current stock price: suspended

Copyright 2022 Alliance News Limited. All Rights Reserved.