Block listing update

RNS Number : 8387B

Cyan Holdings Plc

12 January 2015

 



Cyan Holdings plc

("Cyan" or the "Company")

Block listing application and update

Employee and director shareholdings

Further to the announcement on 10 July 2014, Cyan Holdings plc (the "Company") provides an update for that block listing arrangement for the period from 10 July 2014 to 9 January 2015.

Name:	Cyan Holdings plc
Name of scheme:	Share-based payment agreements
Period of return:	From 10 July 2014 to 9 January 2015
Balance of unallotted securities under scheme(s) from previous return:	27,722,052
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):	NIL
Less: Number of securities issued/allotted under scheme(s) during period	11,381,711
Equals: Balance under scheme(s) not yet issued/allotted at end of period:	16,340,341
Number and class of securities originally admitted:	10,000,000 ordinary shares of 0.01p each (16/09/2010) 10,000,000 ordinary shares of 0.01p each (01/10/2010) 10,000,000 ordinary shares of 0.01p each (06/07/2011) 10,000,000 ordinary shares of 0.01p each (01/02/2012) 10,000,000 ordinary shares of 0.01p each (13/04/2012) 10,000,000 ordinary shares of 0.01p each (20/07/2012) 30,000,000 ordinary shares of 0.01p each (01/08/2013) 30,000,000 ordinary shares of 0.01p each (15/01/2014) 30,000,000 ordinary shares of 0.01p each (26/06/2014)

The Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers. The Block Listing Shares may also be used for the payment of employee salaries.  Such shares will be 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 on the last trading day of the previous month.

On issue, the Block Listing Shares will be issued credited as fully paid and will rank pari passu with the existing ordinary shares in issue.

The Company confirms that it currently has 4,465,993,020 ordinary shares of 0.01p each in issue.

Enquiries:

Cyan Holdings plc	www.cyantechnology.com
John Cronin, Exec Chairman	Tel: [phone]
Allenby Capital Limited NOMAD and Joint Broker
Jeremy Porter / Chris Crawford Hume Capital Securities plc Joint Broker Jon Belliss	Tel: [phone] Tel: [phone]
Walbrook PR Financial PR	[e-mail]
Paul Cornelius	Tel: [phone]

 

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