Source - RNS
RNS Number : 6277I
Cyan Holdings Plc
01 September 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 shares issued

Previous shareholding

Total shareholding

Per cent. of issued share capital post issue

 

John Cronin

Executive Chairman

10,833,750

293,078,287

303,912,037

2.11%

Simon Smith

Chief Financial Officer

4,885,185

173,240,651

178,125,836

1.24%

Henry Berry

Non-Executive Director

4,120,787

63,364,084

67,484,871

0.47%

John Read

Non-Executive Director

898,055

47,632,586

48,530,641

0.34%

Paul Ratcliff

Non-Executive Director

989,259

6,734,786

7,724,045

0.05%

 

Enquiries:

Cyan Holdings plc

John Cronin, Executive Chairman

Tel: +44 (0) 1954 234 400

 

Cantor Fitzgerald Europe

NOMAD and Joint Broker


Andrew Craig / Richard Salmond

 

Beaufort Securities Limited

Jon Belliss

Tel: +44 (0) 20 7894 7000

 

 

Tel: +44 (0) 20 7382 8300

 

Walbrook PR

(Investor Relations)

 

 

Tel: +44(0) 20 7933 8780

Paul Cornelius / Nick Rome

[email protected]

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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