Last checked at 17 Dec 2020 07:00
17 December 2020
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Director Share Purchases
CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, announces that John Cronin, Executive Chairman has agreed to receive 1,467,391 ordinary shares of 2.0p in the Company ("Ordinary Shares") as payment for part of his annual remuneration for the current financial year. These shares will be issued today, at a price of 4.6 pence per Ordinary Share, being the closing mid-market price of the Company's Ordinary Shares on 16 December 2020, being the day before the Ordinary Shares were issued.
Following issue of these Ordinary Shares, Mr Cronin's shareholding and investment in the Company will be as follows:-
Director | Shares purchased | Price paid per share (p) | Amount invested | Previous shareholding | New shareholding | % in Company | Total investment in Company (£) |
John Cronin | 1,467,391 | 4.6 | 67,500 | 3,773,809 | 5,241,200 | 2.83% | 1,073,329 |
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Enquiries:
CyanConnode Holdings plc | Tel: +44 (0) 1223 225 060 |
John Cronin, Executive Chairman
| www.cyanconnode.com |
Arden Partners plc (Nomad and Broker) Paul Shackleton/Dan Gee-Summons (Corporate Finance) Simon Johnson (Corporate Broking) | Tel: +44 (0) 20 7614 5900
|
Yellow Jersey PR (Financial PR) |
Tel: +44(0) 20 3004 9512 |
Sarah Hollins / Annabel Atkins | cyanconnode@yellowjerseypr.com |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | John Cronin | |||||
2. | Reason for the Notification | ||||||
a) | Position/status | Executive Chairman | |||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name | CyanConnode Holdings plc | |||||
b) | LEI | 213800MDLW3GKKW5TT58 | |||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||
a) | Description of the Financial instrument, type of instrument |
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Identification code | GB00B0P66Q02 | ||||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
Purchase of Ordinary Shares
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d) | Aggregated information: · Aggregated volume · Price |
See above | |||||
e) | Date of the transaction | 17 December 2020 | |||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |||||