Director Shareholdings

RNS Number : 7079Q
CyanConnode Holdings PLC
01 December 2016
 

CyanConnode 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 shares issued

Previous shareholding

Total shareholding

Per cent. of issued share capital post issue

 

John Cronin

Executive Chairman

10,826,207

325,549,361

336,375,568

2.14%

Simon Smith

Chief Financial Officer

4,873,822

187,884,843

192,758,665

1.22%

Henry Berry

Non-Executive Director

4,157,556

75,771,514

79,929,070

0.51%

John Read

Non-Executive Director

898,072

50,326,751

51,224,823

0.33%

Paul Ratcliff

Non-Executive Director

989,244

9,702,563

10,691,807

0.07%

 

As a result of the issue of these 21,744,901 Income Shares and 26,499,488 ordinary shares of 0.1 pence each ("Ordinary Shares") pursuant to its block listing arrangements, the Company now has 15,750,911,738 Ordinary Shares in issue. This figure of 15,750,911,738 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:

CyanConnode Holdings plc

John Cronin, Executive Chairman

Tel: +44 (0) 1223 225 060

 

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

cyanconnode@walbrookpr.com

 


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