10 October 2024
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Director share
options
CyanConnode Holdings plc (LSE:
CYAN), a global leader in narrowband radio frequency (RF) smart
mesh networks, announces that, further to
its announcement on 26 September 2024 relating to the share
purchase by John Cronin, Executive Chairman, on 10 October 2024 it
awarded 315,689 share options at a vesting price of 9.5 pence per
share under the existing CyanConnode Matching Share Plan (the
"Plan"). Under the terms of the Plan options are granted to
employees at the same price and volume as market share
purchases.
Following this grant, Mr Cronin will
hold options over 3,572,109 ordinary shares in the Company
("Shares"). In addition, he holds interests over 5,672,359 Shares
under the Company's Joint Share Ownership Plan. In total, 1,230,367
options have been issued to Mr Cronin under the Plan.
-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.
PDMR Notification Form
The notification below is made in
accordance with the requirements of MAR.
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1
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Details of the persons discharging
managerial responsibilities/person closely associated
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a)
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Names
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John Cronin
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2
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Reason for the
notification
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a)
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Positions/status
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Executive Chairman
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b)
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Initial
notification/Amendment
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Initial notification
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3
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Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
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a)
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Name
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b)
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LEI
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213800MDLW3GKKW5TT58
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4
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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
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a)
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Description of the financial
instrument, type of instrument
Identification code
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Options over Ordinary Shares of
2.0p
Ordinary Shares -
GB00BF93WP34
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b)
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Nature of the transaction
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Purchase
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c)
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Price(s) and volume(s)
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Exercise Price -
9.5 pence
Volumes -
315,689 Options
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d)
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Aggregated information
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N/A - single transaction
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e)
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Date of the transaction
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10 October 2024
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f)
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Place of the transaction
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Outside a trading venue
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