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Insig AI s Matthew Farnum-Schneider resigns as chairman | 13 August 2021

Insig AI s Matthew Farnum-Schneider resigns as chairman | 13 August 2021
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Machine Learning enabled Insig AI, which Serves Asset Managers, Lists on AIM London Stock Exchange

Machine Learning enabled Insig AI, which Serves Asset Managers, Lists on AIM London Stock Exchange May 11, 2021 @ 12:17 am By Omar Faridi Insig AI, an AI and machine learning firm serving the asset management sector, has officially introduced its services (May 10, 2021), after the company’s listing on the AIM London Stock Exchange. Insig AI is a data science and machine learning (ML) solutions provider that offers various web-based apps, sophisticated analytical software, and advanced tech infrastructure so that machine learning algorithms become more accessible to investors. The Insig AI product suite has been developed to streamline a fund manager’s data infrastructure and enhance their ML capabilities in order to provide actionable and measurable results.

Investegate |Catena Group PLC Announcements | Catena Group PLC: Director/PDMR Shareholding

Investegate |Catena Group PLC Announcements | Catena Group PLC: Presentation regarding Proposed Acquisition

Investegate |Catena Group PLC Announcements | Catena Group PLC: Presentation regarding Proposed Acquisition
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Catena Group PLC proposes acquisition of data science firm Insight, placing to raise £6 1mln

The consideration of £27.9mln will be paid in cash and shares Catena Group PLC (LON:CTNA) announced it signed a conditional agreement to acquire Insight, a data science and machine learning solutions company, for £27.9mln. It will be paid by issuing 45.3mln shares at 59p each and a potential cash consideration of up to £1.5mln. The AIM-listed holding company, which focuses on acquiring and growing businesses operating in high performing industries, already owns 9.1% of Insight. The acquisition constitutes a reverse takeover so it will require the approval of shareholders, with a general meeting planned for 7 May. It is also proposing to raise £6.1mln by placing shares at 67p each, which is a premium of 14% to the closing price on 2 September, the last day before trading was suspended.

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