CYAN Cyanconnode Holdings Plc

TIDMCYAN

RNS Number : 1342X

CyanConnode Holdings PLC

17 February 2017

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Director Shareholdings

CyanConnode (AIM:CYAN.L), the world leader in narrowband radio mesh networks, announces that following the Company's announcement in its circular dated 14 June 2016 (the "Circular") in which it was set out that all Directors had agreed to receive shares in the Company at the placing price of 0.18 pence per Ordinary Share rather than receive all remuneration that became due during the period 1 July 2016 to 30 June 2017 in cash, it has today issued the following shares of 0.01 pence per share (the "Income Shares" as defined in the Circular) to the directors of the Company:

The issue of shares set out below is the final issue to be made to Directors pursuant to the announcement in the Circular dated 14(th) June 2016. No shares were issued to Non-Executive Directors - their final shares issued under this scheme were issued on 30 December 2016 as shown in the RNS dated the same day.

 
 Director         Position               No. of        Previous           Total          Per 
                                         shares    shareholding    shareholding        cent. 
                                         issued                                    of issued 
                                                                                       share 
                                                                                     capital 
                                                                                        post 
                                                                                       issue 
---------------  -----------------  -----------  --------------  --------------  ----------- 
                  Executive 
 John Cronin       Chairman          38,888,888     347,201,775     386,090,662        2.43% 
---------------  -----------------  -----------  --------------  --------------  ----------- 
                  Chief Financial 
 Simon Smith       Officer           13,001,194     197,632,487     210,633,681        1.33% 
---------------  -----------------  -----------  --------------  --------------  ----------- 
                  Non-Executive 
 Harry Berry       Director                   -      96,559,292      96,559,292        0.61% 
---------------  -----------------  -----------  --------------  --------------  ----------- 
                  Non-Executive 
 John Read         Director                   -      54,817,111      54,817,111        0.35% 
---------------  -----------------  -----------  --------------  --------------  ----------- 
                  Non-Executive 
 Paul Ratcliff     Director                   -      14,648,784      14,648,784        0.09% 
---------------  -----------------  -----------  --------------  --------------  ----------- 
 

As a result of the issue of these 51,890,082 Income Shares and 30,701,373 shares issued earlier in February 2017, the Company now has 15,886,980,099 Ordinary Shares in issue. This figure of 15,886,980,099 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 and Transparency Rules.

Enquiries:

 
 CyanConnode Holdings 
  plc 
 John Cronin, Executive         Tel: +44 (0) 1223 225 
  Chairman                       060 
 
   Cantor Fitzgerald Europe 
   NOMAD and Joint Broker 
 Andrew Craig / Richard         Tel: +44 (0) 20 7894 
  Salmond                        7000 
 
 
  Beaufort Securities Limited    Tel: +44 (0) 20 7382 
  Jon Belliss                    8300 
 
   Walbrook PR 
   (Investor Relations)           Tel: +44(0) 20 7933 8780 
 Paul Cornelius / Nick          cyanconnode@walbrookpr.com 
  Rome 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 17, 2017 10:45 ET (15:45 GMT)

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