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Block listing update

12 Jul 2018 14:00

RNS Number : 4843U
CyanConnode Holdings PLC
12 July 2018
 

CyanConnode Holdings plc

 

Block listing update

 

Further to the announcement on 11 January 2018, CyanConnode Holdings plc (the "Company") provides an update on its block listing arrangements (the "Block Listing Shares") for the period from 12 January 2018 to 11 July 2018.

 

Name:

CyanConnode Holdings plc

Name of scheme:

Share-based payment agreements

Period of return:

From 12 January to 11 July 2018

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

 

173,280 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):

500,000

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

 

574,264 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 128,574,049 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

finnCap Limited (Nomad and Broker)

Adrian Hargrave/Giles Rolls (Corporate Finance)

Alice Lane (Corporate Broking)

Tel: +44 (0) 20 7220 0500

Walbrook PR (Investor Relations)

Tel: +44(0) 20 7933 8780

Paul Cornelius / Nick Rome

cyanconnode@walbrookpr.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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