Last checked at 6 Jul 2011 17:15
Cyan Holdings plc
Total Voting Rights and Block Listing Information
Further to the Company's circular dated 1 September 2010 and the announcement referring to the block listing on 28 October 2010 and the issue of ordinary shares of 0.2p each in the Company since that time, the Company confirms that it has 1,003,607,271 ordinary shares of 0.2p each in issue. Below is an interim review for the block listing.
Name: | Cyan Holdings plc |
Name of Scheme: | Share-based payment agreements |
Period of Return: | From 1 November 2010 to 30 June 2011 |
Balance of unalloted securities under scheme(s) from previous return: |
9,966,200 |
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): | N/A |
Less: Number of securities issued/allotted under scheme(s) during period | 8,965,899 |
Equals: Balance under scheme(s) not yet issued/allotted at end of period: | 1,000,031 |
Number and class of securities originally admitted: | 10,033,800 ordinary shares of 0.2p each |
Date of original admission: | 1 October 2010 |
In addition, the Company announces that application has been made for admission to trading on AIM in respect of an additional block listing of 10,000,000 ordinary shares of 0.2p each, raising the total of potential block listing shares to 30,000,000. These shares will be used to enable certain directors to purchase newly issued ordinary shares in the Company on a monthly basis on the first day of each month. The number of Block Listing Shares to be issued each month will be determined by the closing mid-market share price of ordinary shares in the Company on the trading day immediately prior to the issue of the Block Listing Shares. The Block Listing Shares may also be used to settle cash sums due by the Company for other purposes and for the exercise of options by staff. 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.
Cyan Holdings plc
Tel: +44 (0) 1954 234 400
Kenn Lamb, CEO
www.cyantechnology.com
Cenkos Securities plc
Tel: +44 (0)20 7397 8900
NOMAD and Joint Broker
Stephen Keys / Adrian Hargrave
XCAP Securities plc
Tel: +44 (0)20 7101 7070
Joint Broker
John Belliss / Parimal Kumar
Hansard Communications
Tel: +44 (0)20 7245 1100
Adam Reynolds / Nicholas Nelson/Guy McDougall