Catena Media has announced that its share capital has increased to 84,463 following a directed share issue of a total of 22,000 shares.

‘The share issue has been registered with Maltese authorities in January 2019. Subsequent to the share issue, the number of shares and votes in Catena Media has increased from 56,286,872 to 56,308,872,’ a statement from the Stockholm-listed affiliate network disclosed.

It comes after Catena published a statement earlier this month noting that Maltese firm Optimizer Invest Ltd no longer holds shares or voting rights within the firm.

Optimizer last month announced a “restructuring and re-organization of its assets and holding companies”. The firm’s Catena shares have been distributed to shareholders ‘who now own the shares directly’.

Founded in 2012, Optimizer Invest has been one of the sector’s most successful venture capital firms, developing a VC investment portfolio in sector enterprises such as GiG and Easy Payment Gateway.

“The distribution we have done right now is purely a technical matter, and we will continue to have the same engagement in Catena as we did before the distribution,” partner Mikael Riese Harstad explained to SBC News. “We, the shareholders of Optimizer Invest, are also bound by the same lock-up undertakings as before.”