CyanConnode Holdings PLC Director Share Purchases (9275I)
December 17 2020 - 2:00AM
UK Regulatory
TIDMCYAN
RNS Number : 9275I
CyanConnode Holdings PLC
17 December 2020
17 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
John Cronin, Executive Chairman has agreed to receive 1,467,391
ordinary shares of 2.0p in the Company ("Ordinary Shares") as
payment for part of his annual remuneration for the current
financial year. These shares will be issued today, at a price of
4.6 pence per Ordinary Share, being the closing mid-market price of
the Company's Ordinary Shares on 16 December 2020, being the day
before the Ordinary Shares were issued.
Following issue of these Ordinary Shares, Mr Cronin's
shareholding and investment in the Company will be as follows:-
Price
paid Total
per investment
Shares share Amount Previous % in in Company
Director purchased (p) invested shareholding New shareholding Company (GBP)
John
Cronin 1,467,391 4.6 67,500 3,773,809 5,241,200 2.83% 1,073,329
------------- ------ -------------- ----------------- ------------------- -------- -------------------
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 John Cronin
------------------------------- ------------------------------
2. Reason for the Notification
---------------------------------------------------------------
a) Position/status Executive Chairman
------------------------------- ------------------------------
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)
4.6p 1,467,391
----------
------------------------------- ------------------------------
d) Aggregated information:
* Aggregated volume See above
* Price
------------------------------- ------------------------------
e) Date of the transaction 17 December 2020
------------------------------- ------------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
------------------------------- ------------------------------
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END
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