Last checked at 2 Aug 2019 10:38
2 August 2019
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Block listing update
Further to the announcement on 17 January 2019, CyanConnode Holdings plc provides an update on its block listing arrangements (the "Block Listing Shares") for the period from 12 January 2018 to 11 July 2019.
Name: | CyanConnode Holdings plc
|
Name of scheme: | Share-based payment agreements
|
Period of return: | From 12 January to 11 July 2019
|
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):
|
nil |
Less: Number of securities issued/allotted under scheme(s) during period: |
nil ordinary shares of 2.0p each
|
Equals: Balance under scheme(s) not yet issued/allotted at end of period: |
99,016 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)
|
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 182,398,523 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.
- Ends -
Enquiries:
CyanConnode Holdings plc John Cronin, Executive Chairman
| Tel: +44 (0) 1223 225 060 www.cyanconnode.com |
Yellow Jersey PR (Financial PR) Felicity Winkles / Sarah Hollins/ Annabel Atkins
| Tel: +44 (0) 20 3004 9512 cyanconnode@yellowjerseypr.com |
Arden Partners plc (Broker and Nomad) Paul Shackleton / Dan Gee-Summons (Corporate Finance) Simon Johnson (Corporate Broking) | Tel: +44 (0) 20 7614 5900
|
About CyanConnode
CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, which are used for machine to machine (M2M) communication. As well as being self-forming and self-healing, CyanConnode's RF Smart Mesh Networks are designed for rapid deployment, whilst giving exceptional performance and competitive total cost of ownership.
In June 2018, CyanConnode launched its award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform, which has already gained considerable commercial traction, especially in India which is a key market for the Company.
Through a Global partner eco-system, which is vendor agnostic, CyanConnode has several routes to market, therefore it is well positioned to capitalise upon increasing Global demand for smart metering solutions.
For more information, please visit www.cyanconnode.com