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Pin to quick picksCyanconnode Regulatory News (CYAN)

Share Price Information for Cyanconnode (CYAN)

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Share Price: 8.10
Bid: 8.00
Ask: 8.20
Change: 0.20 (2.53%)
Spread: 0.20 (2.50%)
Open: 7.90
High: 8.10
Low: 7.90
Prev. Close: 7.90
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Issue of Equity

13 Feb 2012 17:24

RNS Number : 3421X
Cyan Holdings Plc
13 February 2012
 



Cyan Holdings plc

("Cyan" or the "Company")

Issue of Equity

The Company announces that on 26 January 2012 interests were granted to employees over a total of 28,593,811 shares in its Employee Benefit Trust ("EBT"), on terms such that the interest will entitle the holders to the value of such Ordinary Shares over 0.6p per Ordinary Share. All of these interests over Ordinary Shares will vest on 5 January 2015.

Application has been made for the 28,593,811 new Ordinary Shares to be admitted to trading on the Alternative Investment Market ("AIM") of London Stock Exchange plc. Admission of the new Ordinary Shares is expected to become effective on 17 February 2012.

Following the issue of the new Ordinary Shares, the Company's total issued share capital with voting rights and which is admitted to trading on AIM will consist of 1,642,763,689 ordinary shares of 0.01p each, with one voting right per share.

Enquiries:

Cyan Holdings plc

www.cyantechnology.com

John Read, Exec Chairman

 

Tel: +44 (0) 1954 234 400

Cenkos Securities plc

NOMAD and Joint Broker

Stephen Keys / Adrian Hargrave

 

XCAP Securities plc

Joint Broker

Jon Belliss

 

Tel: +44 (0) 20 7397 8900

 

Tel: +44 (0) 20 7101 7070

Newgate Threadneedle

Financial PR

Adam Reynolds / Guy McDougall

Tel: +44(0) 20 7653 9842

 

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