13th Mar 2007 17:30
Cyan Holdings Plc13 March 2007 Press Release 13 March 2007 Cyan Holdings Plc ("Cyan" or "the Company") Holding(s) in Company Cyan Holdings plc, the fabless semiconductor company specialising in thedevelopment of low powered, configurable microcontroller chips, has beennotified today that pursuant to the purchase of 1,000,000 shares on 13 March2007, Mr John Peter Lobbenberg has a direct or indirect interest in 9,200,000shares representing approximately 10.806% of the issued share capital of theCompany. Details of this shareholding and the basis of Mr Lobbenberg's interest in theseshare is set out below: • Mr Lobbenberg is the registered owner of 500,000 shares (representing 0.587% of the total issued share capital). • Roldvasian Ltd ("RV") is the registered owner of 1,800,000 shares in the Company (representing 2.114% of the total issued share capital). Roldvasian Ltd is owned 50% by Mr Lobbenberg and 50% by Mr Lobbenberg's wife, Naomi Lobbenberg. Both of them are directors of Roldvasian Ltd. • Hans Lobbenberg Settlement ("HL Settlement") is the registered owner of 3,550,000 shares in the Company (representing 4.170% of the total issued share capital of the company). The Hans Lobbenberg Settlement is a discretionary trust of Mr Lobbenberg's family, Mr Lobbenberg is one of the trustees. • JPL Portfolio Management Ltd ("JPLPM") is the registered owner of 250,000 shares in the company (representing 0.294% of the total issued share capital). JPL Portfolio Management Ltd is owned 90% by Mr Lobbenberg and 5% by Naomi Lobbenberg. • Mr Lobbenberg is the principal beneficiary of a self-invested pension plan ("SIPP") which, through its nominee Ferlim Nominees Ltd, is the beneficial owner of 2,400,000 shares in the Company (representing 2.819% of the total issued share capital). The trustees of the SIPP are Alliance Pension Trustees Ltd. • Mr Lobbenberg and Michael David Wood are the registered owners of 700,000 shares in the company (representing 0.822% of the total issued share capital). - Ends - For further information:Cyan Holdings plcAndrew Lee, Finance Director Tel: +44 (0) 1954 234 400 www.cyantechnology.comCollins Stewart LimitedSimon Atkinson, Corporate Finance Tel: +44 (0) 20 7523 8300 www.collins-stewart.com Media enquiries:Abchurch CommunicationsHeather Salmond/ Franziska Boehnke Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com Notes to Editors Cyan Holdings plc is a fabless semiconductor company which specialises in thedesign, sale and support of a range of 16-bit and 32-bit general-purpose lowpower, high performance microcontroller chips ("MCUs"). These chips areintegral components used in nearly all electronic products, ranging from mobilephones and washing machines to toys, televisions and motorcars. Consumerentertainment markets require more powerful processors and are usually based on32-bit chips which Cyan is developing to serve this market segment. Cyanoperates in a $14 billion worldwide market for microcontrollers, which is poisedto grow to $20 billion by 2010. Cyan has identified Europe and South East Asiaas the largest markets for its products, and as such aims to have 1% of themicrocontroller market within 5 years. Originally Cyan was a spin out from Cambridge Consultants Limited to use its16-bit core, the same core used in CSR's Bluetooth chips. Since Cyan wasfounded in 2002, it has achieved 100 design wins for its initial eCOG1(R)kproduct and is expanding the range of the patent-protected eCOG1(R) family andintroducing a new range of 32 bit microcontrollers. Cyan has introduced design integration support software, CyanIDE(R), to supportthe Company's entire range of current and future microcontrollers. The softwaremakes chip integration into customers' products vastly more simple, quick,reliable and hence less expensive while dramatically reducing development time.Cyan created CyanIDE(R) to avoid relying on standard tools from third partysuppliers. The company is headquartered in Cambridge, UK and opened a sales and technicalsupport office in Hong Kong in May 2005 which services the Chinese market. Cyanemploys 40 people. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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