Issue of Equity (3421X)
February 13 2012 - 12:24PM
UK Regulatory
TIDMCYAN
RNS Number : 3421X
Cyan Holdings Plc
13 February 2012
Cyan Holdings plc
("Cyan" or the "Company")
Issue of Equity
The Company announces that on 26 January 2012 interests were
granted to employees over a total of 28,593,811 shares in its
Employee Benefit Trust ("EBT"), on terms such that the interest
will entitle the holders to the value of such Ordinary Shares over
0.6p per Ordinary Share. All of these interests over Ordinary
Shares will vest on 5 January 2015.
Application has been made for the 28,593,811 new Ordinary Shares
to be admitted to trading on the Alternative Investment Market
("AIM") of London Stock Exchange plc. Admission of the new Ordinary
Shares is expected to become effective on 17 February 2012.
Following the issue of the new Ordinary Shares, the Company's
total issued share capital with voting rights and which is admitted
to trading on AIM will consist of 1,642,763,689 ordinary shares of
0.01p each, with one voting right per share.
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 Tel: +44 (0) 20 7397 8900
XCAP Securities plc Tel: +44 (0) 20 7101 7070
Joint Broker
Jon Belliss
Newgate Threadneedle
Financial PR
Adam Reynolds / Guy McDougall Tel: +44(0) 20 7653 9842
This information is provided by RNS
The company news service from the London Stock Exchange
END
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