4th Oct 2022 07:00
04 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 Heather Peacock, Chief Financial Officer has agreed to receive 72,340 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 11.75 pence per Ordinary Share, being the closing mid-market price of the Company's Ordinary Shares on 30 September 2022.
Following issue of these Ordinary Shares, Mrs Peacock's shareholding and investment in the Company will be as follows:-
Director | Shares purchased | Price paid per share (p) | Amount invested (£) | Previous shareholding | New shareholding | % in Company | Total investment in Company (£) |
Heather Peacock | 72,340 | 11.75 | 8,500 | 879,259 | 951,599 | 0.40% | 127,554 |
In addition to the above, the Company announces that another senior employee of CyanConnode Limited has agreed to receive 48,297 Ordinary Shares also at a price of 11.75 pence per Ordinary Share as payment for part of his remuneration for the current financial year.
Following the admission of the new Ordinary Shares, the Company's total issued share capital will be 236,492,172 ordinary shares of 2 pence each. This figure of 236,492,172 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 Broker) Stephen Keys / Charlie Combe | Tel: +44 (0) 20 7397 8900
|
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 | Heather Peacock | |||||
2. |
| Reason for the Notification | |||||
a) | Position/status | Chief Financial Officer | |||||
b) | Initial notification/Amendment |
| |||||
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 the Financial instrument, type of instrument |
| |||||
Identification code | GB00B0P66Q02 | ||||||
b) | Nature of the transaction |
| |||||
c) | Price(s) and volume(s) |
Purchase of Ordinary Shares
| |||||
d) | Aggregated information: · Aggregated volume · Price |
See above | |||||
e) | Date of the transaction | 4 October 2022 | |||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |||||
Related Shares:
Cyanconnode