Block listing Interim Review

RNS Number : 2698D
CyanConnode Holdings PLC
18 February 2020
 

CyanConnode Holdings plc

 

Block listing update

 

Further to its announcements on 2 August, 21 October and 27 December 2019, CyanConnode Holdings plc (the "Company") provides an update on its block listing arrangements (the "Block Listing Shares") for the period from 12 July 2019 to 11 January 2020.

 

Name:

CyanConnode Holdings plc

Name of scheme:

Share-based payment agreements

Period of return:

From 12 July 2019 to 11 January 2020

Balance of unallotted securities under scheme(s) from previous return:

 

99,016 ordinary shares of 2.0p each

Plus: The amount by which the block scheme(s) has been increased since the date of the last Review (if any increase has been applied for):

1,500,000

Less: Number of securities issued/allotted under scheme(s) during period

 

400,000 ordinary shares of 2.0p each

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

1,199,016 ordinary shares of 2.0p each

 



                       

Number and class of securities originally admitted:

50,000 ordinary shares of 2p each (16/09/2010)

50,000 ordinary shares of 2p each (01/10/2010)

50,000 ordinary shares of 2p each (06/07/2011)

50,000 ordinary shares of 2p each (01/02/2012)

50,000 ordinary shares of 2p each (13/04/2012)

50,000 ordinary shares of 2p each (20/07/2012)

150,000 ordinary shares of 2p each (01/08/2013)

150,000 ordinary shares of 2p each (15/01/2014)

150,000 ordinary shares of 2p each (26/06/2014)

150,000 ordinary shares of 2p each (02/09/2015)

500,000 ordinary shares of 2p each (14/12/2015)

2,027,511 ordinary shares of 2p each (01/07/2016)

500,000 ordinary shares of 2p each (25/08/2016)

500,000 ordinary shares of 2p each (12/01/2017)

500,000 ordinary shares of 2p each (30/06/2017)

500,000 ordinary shares of 2p each (09/04/2018)

1,500,000 ordinary shares of 2p each (25/10/2019)

 

Subject to the Company having the relevant authorities approved by shareholders, the Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers.  They may also be used for the payment of employee salaries.  In such cases these shares are issued out of the Block Listing Shares on the first day of each month at the closing mid-market price of the Company's ordinary shares of 2.0p each ("Ordinary Shares") on the last trading day of the previous month.

 

The Company has 182,798,523 Ordinary Shares in issue. This figure 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 Guidance and Transparency Rules.

 

 

 

 

 

 

 

Enquiries:

 

CyanConnode Holdings plc

Tel: +44 (0) 1223 225 060

John Cronin, Executive Chairman

www.cyanconnode.com

Arden Partners plc (Nomad and Broker)

Paul Shackleton / Dan Gee-Summons (Corporate Finance)

Simon Johnson (Corporate Broking)

Tel: +44 (0) 20 7614 5900

Yellow Jersey PR (Financial PR)

Tel: +44(0) 20 3004 9512

Sarah Hollins / Annabel Atkins

cyanconnode@yellowjerseypr.com

 


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