CyanConnode Holdings PLC Block listing update (7362H)

TIDMCYAN

RNS Number : 7362H

CyanConnode Holdings PLC

02 August 2019

2 August 2019

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Block listing update

Further to the announcement on 17 January 2019, CyanConnode Holdings plc provides an update on its block listing arrangements (the "Block Listing Shares") for the period from 12 January 2018 to 11 July 2019.

 
 Name:                                        CyanConnode Holdings plc 
 Name of scheme:                              Share-based payment agreements 
 Period of return:                            From 12 January to 11 July 2019 
 Balance of unallotted securities 
  under scheme(s) from previous                 99,016 ordinary shares of 2.0p each 
  return: 
 Plus: The amount by which the 
  block scheme(s) has been increased 
  since the date of the last Review             nil 
  (if any increase has been applied 
  for): 
 Less: Number of securities issued/allotted 
  under scheme(s) during period:                nil ordinary shares of 2.0p each 
 Equals: Balance under scheme(s) 
  not yet issued/allotted at end                99,016 ordinary shares of 2.0p each 
  of period: 
 
 
 
 Number and class of securities 
  originally admitted:              50,000 ordinary shares of 2p each 
                                    (16/09/2010) 
                                    50,000 ordinary shares of 2p each 
                                    (01/10/2010) 
                                    50,000 ordinary shares of 2p each 
                                    (06/07/2011) 
                                    50,000 ordinary shares of 2p each 
                                    (01/02/2012) 
                                    50,000 ordinary shares of 2p each 
                                    (13/04/2012) 
                                    50,000 ordinary shares of 2p each 
                                    (20/07/2012) 
                                    150,000 ordinary shares of 2p each 
                                    (01/08/2013) 
                                    150,000 ordinary shares of 2p each 
                                    (15/01/2014) 
                                    150,000 ordinary shares of 2p each 
                                    (26/06/2014) 
                                    150,000 ordinary shares of 2p each 
                                    (02/09/2015) 
                                    500,000 ordinary shares of 2p each 
                                    (14/12/2015) 
                                    2,027,511 ordinary shares of 2p each 
                                    (01/07/2016) 
                                    500,000 ordinary shares of 2p each 
                                    (25/08/2016) 
                                    500,000 ordinary shares of 2p each 
                                    (12/01/2017) 
                                    500,000 ordinary shares of 2p each 
                                    (30/06/2017) 
                                    500,000 ordinary shares of 2p each 
                                    (09/04/2018)

Subject to the Company having the relevant authorities approved by shareholders, the Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers. They may also be used for the payment of employee salaries. In such cases these shares are 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 of 2.0p each ("Ordinary Shares") on the last trading day of the previous month.

The Company has 182,398,523 Ordinary Shares in issue. This figure may be used by shareholders as the denominator by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

- Ends -

Enquiries:

 
 CyanConnode Holdings plc                        Tel: +44 (0) 1223 225 060 
  John Cronin, Executive Chairman                 www.cyanconnode.com 
 Yellow Jersey PR (Financial PR)                 Tel: +44 (0) 20 3004 9512 
  Felicity Winkles / Sarah Hollins/               cyanconnode@yellowjerseypr.com 
  Annabel Atkins 
 Arden Partners plc (Broker and Nomad)           Tel: +44 (0) 20 7614 5900 
  Paul Shackleton / Dan Gee-Summons (Corporate 
  Finance) 
  Simon Johnson (Corporate Broking)

About CyanConnode

CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, which are used for machine to machine (M2M) communication. As well as being self-forming and self-healing, CyanConnode's RF Smart Mesh Networks are designed for rapid deployment, whilst giving exceptional performance and competitive total cost of ownership.

In June 2018, CyanConnode launched its award-winning Omnimesh Advanced Metering Infrastructure (AMI) platform, which has already gained considerable commercial traction, especially in India which is a key market for the Company.

Through a Global partner eco-system, which is vendor agnostic, CyanConnode has several routes to market, therefore it is well positioned to capitalise upon increasing Global demand for smart metering solutions.

For more information, please visit www.cyanconnode.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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