Cyan Holdings Plc Director Shareholdings (5354L)
October 03 2016 - 9:04AM
UK Regulatory
TIDMCYAN
RNS Number : 5354L
Cyan Holdings Plc
03 October 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 all remuneration
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 10,833,750 303,912,037 314,745,787 2.09%
--------------- ----------------- ----------- -------------- -------------- ---------------
Chief Financial
Simon Smith Officer 4,885,185 178,125,836 183,011,021 1.22%
--------------- ----------------- ----------- -------------- -------------- ---------------
Non-Executive
Henry Berry Director 4,120,787 67,484,871 71,605,658 0.48%
--------------- ----------------- ----------- -------------- -------------- ---------------
Non-Executive
John Read Director 898,055 48,530,641 49,428,696 0.33%
--------------- ----------------- ----------- -------------- -------------- ---------------
Non-Executive
Paul Ratcliff Director 989,259 7,724,045 8,713,304 0.06%
--------------- ----------------- ----------- -------------- -------------- ---------------
As a result of the issue of these 21,727,036 Income Shares and
26,027,027 ordinary shares of 0.1 pence each ("Ordinary Shares")
pursuant to its block listing arrangements, the Company now has
15,062,172,211 Ordinary Shares in issue. This figure of
15,062,172,211 may be used by shareholders as the denominator by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the Disclosure and Transparency Rules.
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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