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Block listing update

12 Jan 2015 07:00

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: +44 (0) 1954 234 400

Allenby Capital Limited

NOMAD and Joint Broker

Jeremy Porter / Chris Crawford

 

Hume Capital Securities plc

Joint Broker

Jon Belliss

 

Tel: +44 (0) 20 3328 5656

 

 

 

Tel: +44 (0) 20 7101 7070

Walbrook PR

Financial PR

 

cyan@walbrookpr.com

Paul Cornelius

Tel: +44(0) 20 7933 8780

 

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