Business
Interim Results - Replacement
Interim Results - Replacement.
About this update from Insig Ai Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5984A\n Catena Group PLC\n 30 September 2020\n \n \n \n \n \n \n \n The following amendments have been made to the Interim Results announcement released at 7:00 a.m. on 30 September 2020 under RNS number 5138A. The changes relate to some of the comparative period results that were transposed across incorrectly. These changes are underlined. All other details remain unchanged. The full amended text is shown below.\n \n \n \n \n \n The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n \n \n \n 30 September 2020\n \n \n \n \n \n Catena Group PLC\n \n \n (\"Catena\" or the \"Company\")\n \n \n Interim results for the six months ended 30 June 2020\n \n \n \n \n Catena Group plc (\"Catena\" or the \"Company\"), the AIM listed asset management company focused on acquiring and growing businesses in high performing industries, is pleased to announce its interim results for the six months ended 30 June 2020.\n \n CHAIRMAN'S STATEMENT AND CHIEF EXECUTIVE'S REVIEW\n The six months ended 30 June 2020 has been an extremely challenging one for the Group due to the impact of Covid-19 and the resultant lock down in the UK and closure of schools from March. As a result of these extreme circumstances, we are reporting a total comprehensive loss of £272,204 for the six months ended 30 June 2020 (30 June 2019: loss £15,258).\n \n Catena's cash balances as at 30 June 2020 were £322,916, (30 June 2019: £440,233). \n \n The directors are not recommending the payment of a dividend.\n \n PANTHEON LEISURE PLC (\"PANTHEON\")\n Catena holds 85.87% of the issued share capital of Pantheon Leisure Plc which in turn owns 100% of the operating business of the Sport and Leisure division trading as Sport in Schools Ltd also known as The Elms Sport in Schools (\"ESS\"). Pantheon as a group made a loss of £22,021 for the six months ended 30 June 2020 (30 June 2019: profit £62,533).\n \n SPORT IN SCHOOLS LIMITED (\"SSL\")\n SSL turnover fell by 52% to £449,530 for the six months ended 30 June 2020 (30 June 2019: £9...