TIDMCYAN

RNS Number : 8444F

Cyan Holdings Plc

01 August 2016

Cyan Holdings plc

("CyanConnode" or the "Company")

Director Shareholdings

CyanConnode (AIM:CYAN.L), the world leader in narrowband RF mesh networks for Omni Internet of Things communications, announces that following the Company's announcement in its circular dated 14 June 2016 (the "Circular") in which it was set out that all Directors had agreed to receive shares in the Company at the placing price of 0.18 pence per Ordinary Share rather than receive their salary or any bonuses that became due during the period 1 July 2016 to 30 June 2017 in cash, and certain employees had agreed to receive shares in the Company at the placing price of 0.18 pence per ordinary share rather than any bonuses that became due during the same period, it has today issued the following shares of 0.01 pence per share (the "Income Shares" as defined in the Circular) to the directors of the Company:

 
 Director         Position               No. of        Previous           Total        Per cent. 
                                         shares    shareholding    shareholding        of issued 
                                         issued                                    share capital 
                                                                                      post issue 
---------------  -----------------  -----------  --------------  --------------  --------------- 
                  Executive 
 John Cronin       Chairman          10,833,750     282,244,537     293,078,287            2.04% 
---------------  -----------------  -----------  --------------  --------------  --------------- 
                  Chief Financial 
 Simon Smith       Officer            4,885,185     168,355,466     173,240,651            1.21% 
---------------  -----------------  -----------  --------------  --------------  --------------- 
                  Non-Executive 
 Henry Berry       Director           4,120,787      59,243,297      63,364,084            0.44% 
---------------  -----------------  -----------  --------------  --------------  --------------- 
                  Non-Executive 
 John Read         Director             898,055      46,734,531      47,632,586            0.33% 
---------------  -----------------  -----------  --------------  --------------  --------------- 
                  Non-Executive 
 Paul Ratcliff     Director             989,259       5,745,527       6,734,786            0.05% 
---------------  -----------------  -----------  --------------  --------------  ---------------

Enquiries:

 
 Cyan Holdings plc 
 John Cronin, Executive         Tel: +44 (0) 1954 234 
  Chairman                       400 
 
   Cantor Fitzgerald Europe 
   NOMAD and Joint Broker 
 Andrew Craig / Richard         Tel: +44 (0) 20 7894 
  Salmond                        7000 
 
  Beaufort Securities Limited 
  Jon Belliss                    Tel: +44 (0) 20 7382 
                                 8300 
 
   Walbrook PR 
   (Investor Relations)           Tel: +44(0) 20 7933 8780 
 Paul Cornelius / Nick          cyanconnode@walbrookpr.com 
  Rome

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

August 01, 2016 07:15 ET (11:15 GMT)

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