RNS Number : 7362H
CyanConnode Holdings PLC
02 August 2019
 

 

2 August 2019

CyanConnode Holdings plc

("CyanConnode" or the "Company")

 

Block listing update

 

Further to the announcement on 17 January 2019, CyanConnode Holdings plc provides an update on its block listing arrangements (the "Block Listing Shares") for the period from 12 January 2018 to 11 July 2019.

 

Name:

CyanConnode Holdings plc

 

 

Name of scheme:

Share-based payment agreements

 

 

Period of return:

From 12 January to 11 July 2019

 

 

Balance of unallotted securities under scheme(s) from previous return:

 

99,016 ordinary shares of 2.0p each

 

 

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):

 

 

 

 

nil

Less: Number of securities issued/allotted under scheme(s) during period:

 

nil ordinary shares of 2.0p each

 

 

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

 

99,016 ordinary shares of 2.0p each

 



                               

Number and class of securities originally admitted:

 

50,000 ordinary shares of 2p each (16/09/2010)

50,000 ordinary shares of 2p each (01/10/2010)

50,000 ordinary shares of 2p each (06/07/2011)

50,000 ordinary shares of 2p each (01/02/2012)

50,000 ordinary shares of 2p each (13/04/2012)

50,000 ordinary shares of 2p each (20/07/2012)

150,000 ordinary shares of 2p each (01/08/2013)

150,000 ordinary shares of 2p each (15/01/2014)

150,000 ordinary shares of 2p each (26/06/2014)

150,000 ordinary shares of 2p each (02/09/2015)

500,000 ordinary shares of 2p each (14/12/2015)

2,027,511 ordinary shares of 2p each (01/07/2016)

500,000 ordinary shares of 2p each (25/08/2016)

500,000 ordinary shares of 2p each (12/01/2017)

500,000 ordinary shares of 2p each (30/06/2017)

500,000 ordinary shares of 2p each (09/04/2018)

 

 

Subject to the Company having the relevant authorities approved by shareholders, the Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers.  They may also be used for the payment of employee salaries.  In such cases these shares are issued out of the Block Listing Shares on the first day of each month at the closing mid-market price of the Company's ordinary shares of 2.0p each ("Ordinary Shares") on the last trading day of the previous month.

 

The Company has 182,398,523 Ordinary Shares in issue. This figure may be used by shareholders as the denominator by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

 

- Ends -

Enquiries:

 

CyanConnode Holdings plc                                        

John Cronin, Executive Chairman

                               

Tel: +44 (0) 1223 225 060

www.cyanconnode.com

Yellow Jersey PR (Financial PR)                                               
Felicity Winkles / Sarah Hollins/ Annabel Atkins

 

Tel: +44 (0) 20 3004 9512

cyanconnode@yellowjerseypr.com

Arden Partners plc (Broker and Nomad)

Paul Shackleton / Dan Gee-Summons (Corporate Finance)

Simon Johnson (Corporate Broking)

Tel: +44 (0) 20 7614 5900

 

 

About CyanConnode

CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, which are used for machine to machine (M2M) communication.  As well as being self-forming and self-healing, CyanConnode's RF Smart Mesh Networks are designed for rapid deployment, whilst giving exceptional performance and competitive total cost of ownership.

 

In June 2018, CyanConnode launched its award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform, which has already gained considerable commercial traction, especially in India which is a key market for the Company.

 

Through a Global partner eco-system, which is vendor agnostic, CyanConnode has several routes to market, therefore it is well positioned to capitalise upon increasing Global demand for smart metering solutions.

For more information, please visit www.cyanconnode.com


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