27 September 2024
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Holding(s) in
Company
CyanConnode Holdings plc (LSE:
CYAN), a global leader in narrowband radio frequency (RF) smart
mesh networks, has been notified that Axia Investments Limited
("Axia") is interested in 35,892,131 ordinary shares of 2p each
("Ordinary Shares") representing approximately 10.001% of the
Company issued Ordinary Shares (previously 9.848%).
Additionally, the person subject to
the notification obligation in respect of Axia's interest has
transferred to Doxa Partners LLP from Privium Fund Management
(UK) Ltd.
-Ends-
Enquiries:
CyanConnode Holdings
plc
Tel: +44 (0) 1223 865 750
John Cronin, Executive
Chairman
www.cyanconnode.com
Strand Hanson Limited (Nominated and Financial Adviser)
Tel: +44 (0) 20 7409
3494
James Harris / Richard Johnson /
David Asquith
Zeus
Capital Limited (Joint
Broker)
Tel: +44 (0) 20 3829 5900
Simon Johnson / Louisa
Waddell
Panmure Liberum (Joint
Broker)
Tel: +44 (0) 20 7886 2500
Rupert Dearden / James
Sinclair-Ford
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.