Cyan Holdings Plc Director Shareholding (1582I)

TIDMCYAN

RNS Number : 1582I

Cyan Holdings Plc

20 July 2012

Cyan Holdings plc

("the Company")

Director Shareholding

The Company is pleased to announce that on the 19(th) and 20(th) July 2012 John Cronin, Executive Chairman, purchased a total of 5,625,000 ordinary shares at a price of 0.375 pence per share.

As an extension to his joining arrangements that were announced on 21 March 2012, the Company has agreed to match his investment by issuing a further 0.25% of the Company's share capital (including the shares to be issued as part of the Placings). This brings the matching total to 0.5%. Therefore, in addition to this purchase, the Company will issue a further 5,625,000 shares to Mr Cronin.

This brings John Cronin's interest in the Company's current issued share capital to 20,830,096 being 1.25% of the current issued share capital. Following the proposed Placings to be approved at the Company's EGM on 2 August 2012, and including his participation in the Placings, John Cronin's interest in the Company's enlarged share capital of 2,274,120,095 will be 35,487,239 being 1.56% of the enlarged share capital.

Enquiries:

 
Cyan Holdings plc                       Tel: +44 (0) 1954 234 400 
 John Cronin, Chairman 
 www.cyantechnology.com 
--------------------------------------  ------------------------- 
Cenkos Securities plc                   Tel: +44 (0)20 7397 8900 
 NOMAD and Joint Broker 
 Stephen Keys / Adrian Hargrave 
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XCAP Securities plc                     Tel: +44 (0)20 7101 7070 
 Joint Broker 
 Jon Belliss / Adrian Kirk 
--------------------------------------  ------------------------- 
Newgate Threadneedle                    Tel: +44 (0)20 7653 9850 
 Financial PR 
 Caroline Evans- Jones / Guy McDougall 
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This information is provided by RNS

The company news service from the London Stock Exchange

END

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