CYAN Cyanconnode Holdings Plc

 

TIDMCYAN 
 
RNS Number : 1823V 
Cyan Holdings Plc 
28 October 2010 
 

                                Cyan Holdings plc 
                            ("Cyan" or the "Company") 
                                  Block listing 
In addition to Cyan's announcement of 16 September 2010, 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 20,000,000. 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. 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         | 
+--------------------------------+--------------------------------+ 
| Kenn Lamb, CEO                 | Tel: +44 (0) 1954 234 400      | 
+--------------------------------+--------------------------------+ 
| Cenkos Securities plc          |                                | 
+--------------------------------+--------------------------------+ 
| Stephen Keys / Adrian Hargrave | Tel: +44 (0) 20 7397 8900      | 
+--------------------------------+--------------------------------+ 
| Media - Hansard Group          |                                | 
+--------------------------------+--------------------------------+ 
| John Bick                      | Tel: +44(0) 20 7245 1100       | 
+--------------------------------+--------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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