Last checked at 27 Jun 2013 11:01
Cyan Holdings plc
("Cyan" or the "Company")
Result of Annual General Meeting
Cyan Holdings plc (AIM:CYAN.L), the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, is pleased to announce that at the Company's General Meeting held earlier today all of the resolutions were duly passed, including the approval of warrants relating to the placings as announced in April 2013. These warrants allow warrant holders to subscribe for up to a further 74,444,444 Ordinary Shares at 0.65 pence per ordinary share (Placing Warrants) and other warrant holders to subscribe for up to a further 10,000,000 Ordinary Shares at 0.63 pence per ordinary share (Corporate Finance Warrants). These warrants have an exercise period of six months from date of approval (being 27th June 2013) and it is anticipated that warrant holders should receive their certificates within a week following today's AGM.
Enquiries:
Cyan Holdings plc | www.cyantechnology.com |
John Cronin, 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 / Adrian Kirk
| Tel: +44 (0) 20 7397 8900
Tel: +44 (0) 20 7101 7070 |
Walbrook PR Financial PR | |
Bob Huxford / Paul Cornelius | Tel: +44(0) 20 7933 8780 |