CyanConnode Holdings PLC Director Share Purchase (9418B)
October 06 2022 - 2:00AM
UK Regulatory
TIDMCYAN
RNS Number : 9418B
CyanConnode Holdings PLC
06 October 2022
06 October 2022
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Director Share Purchase
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 a further
35,714 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
14.00 pence per Ordinary Share, being a 21.74% premium to the
closing mid-market price of 11.50 pence per Ordinary Share on 5
October 2022, the last working day prior to the issue of these
shares.
Following issue of these Ordinary Shares, Mr Cronin's
shareholding and investment in the Company will be as follows:-
Price
paid Total
per Amount investment
Shares share invested Previous % in in Company
Director purchased (p) (GBP) shareholding New shareholding Company (GBP)
John
Cronin 35,714 14.00 5,000 5,889,017 5,924,731 2.50% 1,163,328
----------- -------- ------------- --------------- ------------------- --------- -------------------
Following the admission of the new Ordinary Shares, the
Company's total issued share capital will be 236,570,439 ordinary
shares of 2 pence each. This figure of 236,570,439 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 and Transparency
Rules.
Enquiries:
CyanConnode Holdings plc Tel: +44 (0) 1223 865 750
John Cronin, Executive Chairman www.cyanconnode.com
Cenkos Securities plc (Nomad and Tel: +44 (0) 20 7397 8900
Broker)
Stephen Keys / Charlie Combe
Arden Partners plc (Joint Broker) Tel: +44(0) 20 7614 5900
Simon Johnson (Corporate Broking)
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)
14.00p 35,714
----------
------------------------------- ------------------------------
d) Aggregated information:
* Aggregated volume See above
* Price
------------------------------- ------------------------------
e) Date of the transaction 6 October 2022
------------------------------- ------------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
------------------------------- ------------------------------
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END
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