TIDMCYAN
RNS Number : 4789G
CyanConnode Holdings PLC
06 November 2018
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Result of General Meeting
Result of Open Offer
and
Total Voting Rights
CyanConnode (AIM: CYAN), a world leader in narrowband radio
frequency mesh networks, announces that at the Company's General
Meeting held yesterday, all of the resolutions were duly
passed.
Open Offer
The last time and date for receipt of completed application
forms and payment in full under the Open Offer was 11.00 a.m. on 5
November 2018. The Company announces that at that time that it had
received valid acceptances in respect of 3,372,083 Open Offer
Shares from Qualifying Shareholders, including applications under
the Excess Application Facility, with a value of approximately
GBP0.3m. This represents approximately 65.6% of the 5,142,961 Open
Offer Shares offered. As a consequence, the Company has
conditionally raised GBP5.4 million (before expenses) in aggregate
through the Placing, Subscription and Open Offer.
Application will be made for 15,972,083 Fundraising Shares to be
admitted to trading on AIM now expected on on 7 November 2018 and
application will also be made for 37,852,391 Fundraising Shares to
be admitted to trading on AIM now expected on 8 November 2018.
Director Dealings
Following the Fundraising the Director's relevant holdings will
be as follows:
Number Percentage Shares acquired Resultant Percentage
of Existing of Existing in the Fundraising Holding of Enlarged
Ordinary Ordinary inc. Open Share Capital
Shares Share Capital Offer
Director
John Cronin 2,413,467 1.88% 1,000,000 3,413,467 1.87%
Harry Berry 624,219 0.49% 200,000 824,219 0.45%
Heather Peacock 178,255 0.14% 100,000 278,255 0.15%
David Johns-Powell 10,083,490 7.84% 7,500,000 17,583,490 9.64%
TOTAL 13,629,425 10.60% 8,800,000 22,429,425 12.29%
Total Voting Rights
Following the Fundraise, the issued share capital of the Company
will be 182,398,523. The total voting rights in the Company is now
182,398,523 with no Shares held in Treasury. The figure of
182,398,523 may be used by shareholders as the denominator for the
calculations 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 FCA's Disclosure Guidance and Transparency
Rules.
The results of the vote on the resolutions will shortly be
available in the Investors section of the Company's website:
https://cyanconnode.com/investors/
Unless otherwise defined, capitalised terms in this announcement
shall have the same meanings as those defined in the Circular sent
to shareholders on 19 October 2018.
Enquiries:
CyanConnode Holdings plc Tel: +44 (0) 1223 225
060
John Cronin, Executive Chairman www.cyanconnode.com
finnCap Ltd (Nomad and Broker) Tel: +44 (0) 20 7220
0500
Ed Frisby/ Giles Rolls (Corporate Finance)
Alice Lane (ECM)
Walbrook PR (Financial PR) Tel: +44(0) 20 7933 8780
Paul Cornelius / Nick Rome cyanconnode@walbrookpr.com
About CyanConnode
CyanConnode is a world leader in narrowband radio frequency (RF)
mesh networks that facilitate machine to machine (M2M)
communication. CyanConnode's innovative technology uses the
industrial, scientific, and medical radio band, (ISM), which is
optimised to give exceptional performance and competitive total
cost of ownership. Through global partnerships, CyanConnode
provides customers with a solution for the rapid deployment of
local or countrywide ISM RF mesh networks that provide reliable and
secure M2M communication.
For more information, please visit www.cyanconnode.com
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Cronin
------------------------------- ------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------
a) Position/status PDMR - Executive Chairman
------------------------------- ------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name CyanConnode Holdings plc
------------------------------- ------------------------------------
b) LEI 213800MDLW3GKKW5TT58
------------------------------- ------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
---------------------------------------------------------------------
a) Description of the Ordinary shares of 2p
Financial instrument,
type of instrument
Identification code GB00BF93WP34
------------------------------- ------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
10 pence 1,000,000
----------
------------------------------- ------------------------------------
d) Aggregated information:
* Aggregated volume N/A, single transaction as per 4c
above
* Price
------------------------------- ------------------------------------
e) Date of the transaction 8 November 2018
------------------------------- ------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Harry Berry
------------------------------- ------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------
a) Position/status PDMR - Chief Operating Officer
------------------------------- ------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name CyanConnode Holdings plc
------------------------------- ------------------------------------
b) LEI 213800MDLW3GKKW5TT58
------------------------------- ------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
---------------------------------------------------------------------
a) Description of the Ordinary shares of 2p
Financial instrument,
type of instrument
Identification code GB00BF93WP34
------------------------------- ------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
10 pence 200,000
----------
------------------------------- ------------------------------------
d) Aggregated information:
* Aggregated volume N/A, single transaction as per 4c
above
* Price
------------------------------- ------------------------------------
e) Date of the transaction 8 November 2018
------------------------------- ------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Heather Peacock
------------------------------- ------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------
a) Position/status PDMR - Group Finance Director
------------------------------- ------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name CyanConnode Holdings plc
------------------------------- ------------------------------------
b) LEI 213800MDLW3GKKW5TT58
------------------------------- ------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
---------------------------------------------------------------------
a) Description of the Ordinary shares of 2p
Financial instrument,
type of instrument
Identification code GB00BF93WP34
------------------------------- ------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
10 pence 100,000
----------
------------------------------- ------------------------------------
d) Aggregated information:
* Aggregated volume N/A, single transaction as per 4c
above
* Price
------------------------------- ------------------------------------
e) Date of the transaction 8 November 2018
------------------------------- ------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Johns-Powell
------------------------------- ------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------
a) Position/status PDMR - Non-Executive Director
------------------------------- ------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name CyanConnode Holdings plc
------------------------------- ------------------------------------
b) LEI 213800MDLW3GKKW5TT58
------------------------------- ------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
---------------------------------------------------------------------
a) Description of the Ordinary shares of 2p
Financial instrument,
type of instrument
Identification code GB00BF93WP34
------------------------------- ------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
10 pence 7,500,000
----------
------------------------------- ------------------------------------
d) Aggregated information:
* Aggregated volume N/A, single transaction as per 4c
above
* Price
------------------------------- ------------------------------------
e) Date of the transaction 7 November 2018
------------------------------- ------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ------------------------------------
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END
MSCKQLBBVFFXFBD
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November 06, 2018 04:40 ET (09:40 GMT)
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