Last checked at 13 Apr 2012 15:33
Cyan Holdings plc
("Cyan" or the "Company")
Total Voting Rights and Block Listing Information
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 0.01p each, raising the total potential block listing shares to 50,000,000.
These shares are 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.
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 | |
Caroline Evans-Jones / Guy McDougall | Tel: +44(0) 20 7653 9850 |