Director/PDMR Shareholding (7958A)
April 04 2012 - 3:26AM
UK Regulatory
TIDMCYAN
RNS Number : 7958A
Cyan Holdings Plc
04 April 2012
Cyan Holdings plc
("Cyan" or the "Company")
Director Shareholdings
Further to its announcement regarding the appointment of John
Cronin on 21 March 2012, the Company is pleased to announce that Mr
Cronin has purchased a total of 2,368,421 ordinary shares at a
price of 0.39 pence per share. In addition to this purchase, and in
accordance with his appointment letter, the Company has issued
2,526,316 shares to Mr Cronin. This includes 157,895 shares issued
as part of the monthly directors share plan announced in the
Company's circular dated 1 September 2010, based on the closing
share price on 2 April 2012 of 0.38 pence per share.
This brings John Cronin's interest in the Company's current
issued share capital to 4,894,737, being 0.30% of current issued
share capital.
In addition, the Company has been informed that Dr John Read has
purchased a further 1,246,070 ordinary shares at a price of 0.38
pence per share. Following this transaction Dr Read has an interest
in 17,730,466 ordinary shares representing 1.07% of the Company's
current issued share capital.
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
Joint Broker
Jon Belliss Tel: +44 (0) 20 7101 7070
Newgate Threadneedle
Financial PR
Caroline Evans-Jones / Guy McDougall Tel: +44(0) 20 7653 9850
This information is provided by RNS
The company news service from the London Stock Exchange
END
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