Cyan Holdings Plc Block listing update (8387B)

TIDMCYAN

RNS Number : 8387B

Cyan Holdings Plc

12 January 2015

Cyan Holdings plc

("Cyan" or the "Company")

Block listing application and update

Employee and director shareholdings

Further to the announcement on 10 July 2014, Cyan Holdings plc (the "Company") provides an update for that block listing arrangement for the period from 10 July 2014 to 9 January 2015.

 
 Name:                                         Cyan Holdings plc 
 Name of scheme:                               Share-based payment agreements 
 Period of return:                             From 10 July 2014 to 9 January 2015 
 Balance of unallotted securities 
  under scheme(s) from previous 
  return:                                        27,722,052 
 Plus: The amount by which the                 NIL 
  block scheme(s) has been increased 
  since the date of the last Review 
  (if any increase has been applied 
  for): 
 Less: Number of securities issued/allotted 
  under scheme(s) during period                  11,381,711 
 Equals: Balance under scheme(s) 
  not yet issued/allotted at end 
  of period:                                   16,340,341 
 Number and class of securities                10,000,000 ordinary shares of 0.01p 
  originally admitted:                          each (16/09/2010) 
                                                10,000,000 ordinary shares of 0.01p 
                                                each (01/10/2010) 
                                                10,000,000 ordinary shares of 0.01p 
                                                each (06/07/2011) 
                                                10,000,000 ordinary shares of 0.01p 
                                                each (01/02/2012) 
                                                10,000,000 ordinary shares of 0.01p 
                                                each (13/04/2012) 
                                                10,000,000 ordinary shares of 0.01p 
                                                each (20/07/2012) 
                                                30,000,000 ordinary shares of 0.01p 
                                                each (01/08/2013) 
                                                30,000,000 ordinary shares of 0.01p 
                                                each (15/01/2014) 
                                                30,000,000 ordinary shares of 0.01p 
                                                each (26/06/2014)

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. 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.

The Company confirms that it currently has 4,465,993,020 ordinary shares of 0.01p each 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 / Chris Crawford   Tel: +44 (0) 20 3328 5656 
 
  Hume Capital Securities plc 
  Joint Broker 
  Jon Belliss                      Tel: +44 (0) 20 7101 7070 
 Walbrook PR 
  Financial PR                      cyan@walbrookpr.com 
 Paul Cornelius                   Tel: +44(0) 20 7933 8780

This information is provided by RNS

The company news service from the London Stock Exchange

END

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