TIDMCYAN

RNS Number : 7744I

CyanConnode Holdings PLC

16 December 2020

16 December 2020

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Director Share Purchases

CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, announces that Heather Peacock, Chief Financial Officer has agreed to receive 314,607 ordinary shares of 2.0p in the Company ("Ordinary Shares") as payment for part of her annual remuneration for the current financial year. These shares will be issued today, at a price of 4.45 pence per Ordinary Share, being the closing mid-market price of the Company's Ordinary Shares on 15 December 2020, being the day before the Ordinary Shares were issued.

Following issue of these Ordinary Shares, Mrs Peacock's shareholding and investment in the Company will be as follows:-

 
                                Price                                                                            Total 
                             paid per                                                                       investment 
                   Shares       share          Amount         Previous                          % in        in Company 
 Director       purchased         (p)        invested     shareholding   New shareholding    Company             (GBP) 
 Heather 
  Peacock         314,607        4.45          14,000          369,164            683,771      0.37%            94,052 
              -----------  ----------  --------------  ---------------  -----------------  ---------  ---------------- 
 

In addition to the above, the Company announces that Bjorn Lindblom, Chief Commercial Officer of CyanConnode, has agreed to receive 391,067 Ordinary Shares, also at a price of 4.45 pence per Ordinary Share as payment for part of his remuneration for the current financial year. This takes Mr Lindblom's shareholding in the Company to 1,188,109 Ordinary Shares.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Enquiries:

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
            1.     Details of the person discharging managerial 
                    responsibilities / person closely associated 
 a)                Name                             Heather Peacock 
                  -------------------------------  ------------------------------ 
            2.     Reason for the Notification 
                  --------------------------------------------------------------- 
 a)                Position/status                  Chief Financial Officer 
                  -------------------------------  ------------------------------ 
 b)                Initial notification/Amendment    Initial notification 
                  -------------------------------  ------------------------------ 
 3.                Details of the issuer, emission allowance 
                    market participant, auction platform, 
                    auctioneer or auction monitor 
                  --------------------------------------------------------------- 
 a)                Name                             CyanConnode Holdings 
                                                     plc 
                  -------------------------------  ------------------------------ 
 b)                LEI                              213800MDLW3GKKW5TT58 
                  -------------------------------  ------------------------------ 
 4.                Details of the transaction(s): section 
                    to be repeated for (i) each type of instrument; 
                    (ii) each type of transaction; (iii) each 
                    date; and (iv) each place where transactions 
                    have been conducted 
                  --------------------------------------------------------------- 
 a)                Description of                     Ordinary Shares of 
                    the Financial instrument,           2.0p 
                    type of instrument 
 
                   Identification                   GB00B0P66Q02 
                    code 
                  -------------------------------  ------------------------------ 
 b)                Nature of the transaction         Purchase of Ordinary Shares 
                  -------------------------------  ------------------------------ 
 c)                Price(s) and volume(s) 
                                                      Purchase of Ordinary 
                                                      Shares Price(s)   Volume(s) 
                                                       4.45p      314,607 
                                                                 ---------- 
                  -------------------------------  ------------------------------ 
 d)                Aggregated information: 
                     *    Aggregated volume           See above 
 
 
                     *    Price 
                  -------------------------------  ------------------------------ 
 e)                Date of the transaction          16 December 2020 
                  -------------------------------  ------------------------------ 
 f)                Place of the transaction         London Stock Exchange, 
                                                     AIM Market (XLON) 
                  -------------------------------  ------------------------------ 
 

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END

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