Cyan Holdings Plc Block Listing (1941K)

TIDMCYAN

RNS Number : 1941K

Cyan Holdings Plc

20 June 2014

Cyan Holdings plc

("Cyan" or the "Company")

Block Listing Information

Cyan announces that application has been made for admission to trading on AIM in respect of a block listing of 30,000,000 ordinary shares of 0.01p each to become effective on 26 June 2014 (the "Block Listing Shares"). The Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers. The Block Listing Shares may also be used for the payment of employee salaries as announced in our block listing update on 10 January 2014. Such shares will be issued out of the Block Listing Shares on the first day of each month at the closing mid-market price of the Company's ordinary shares on the last trading day of the previous month.

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 
 John Cronin, Exec Chairman         Tel: +44 (0) 1954 234 400 
 Allenby Capital Limited 
  NOMAD and Joint Broker 
 Jeremy Porter / Michael McNeilly   Tel: +44 (0) 20 3328 5656 
 
  Hume Capital Securities plc        Tel: +44 (0) 20 7101 7070 
  Joint Broker 
  Jon Belliss 
 Walbrook PR 
  Financial PR 
 Paul Cornelius                     Tel: +44(0) 20 7933 8780

This information is provided by RNS

The company news service from the London Stock Exchange

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