Block listing update

RNS Number : 7944A

CyanConnode Holdings PLC

04 February 2022

 

CyanConnode Holdings plc

Block listing update

Further to its most recent block listing announcement on 22 January 2021, CyanConnode Holdings plc (the "Company") provides an update on its block listing arrangements (the "Block Listing Shares") for the period from 12 January 2021 to 11 January 2022.

Name:	CyanConnode Holdings plc
Name of schemes:	Share-based Payment Agreements / Share Incentive Schemes for Directors and Employees
Period of return:	From 12 January 2021 to 11 January 2022
Balance of unallotted securities under scheme(s) from previous return:	1,004,641 ordinary shares of 2.0p each
Plus : The amount by which the block scheme(s) has been increased since the date of the last Review (if any increase has been applied for):	3,000,000
Less : Number of securities issued/allotted under Share-based Payment Scheme during period	70,825 ordinary shares of 2.0p each
Less : Number of securities issued/allotted under Share Incentive Scheme during period	2,039,518 ordinary shares of 2.0p each
Equals : Balance under scheme(s) not yet issued/allotted at end of period:	1,894,298 ordinary shares of 2.0p each

Number and class of securities originally admitted:

50,000 ordinary shares of 2p each (16/09/2010) 50,000 ordinary shares of 2p each (01/10/2010) 50,000 ordinary shares of 2p each (06/07/2011) 50,000 ordinary shares of 2p each (01/02/2012) 50,000 ordinary shares of 2p each (13/04/2012) 50,000 ordinary shares of 2p each (20/07/2012) 150,000 ordinary shares of 2p each (01/08/2013) 150,000 ordinary shares of 2p each (15/01/2014) 150,000 ordinary shares of 2p each (26/06/2014) 150,000 ordinary shares of 2p each (02/09/2015) 500,000 ordinary shares of 2p each (14/12/2015) 2,027,511 ordinary shares of 2p each (01/07/2016) 500,000 ordinary shares of 2p each (25/08/2016) 500,000 ordinary shares of 2p each (12/01/2017) 500,000 ordinary shares of 2p each (30/06/2017) 500,000 ordinary shares of 2p each (09/04/2018) 1,500,000 ordinary shares of 2p each (25/10/2019) 2,500,000 ordinary shares of 2p each (15/12/2020) 3,000,000 ordinary shares of 2p each (26/11/2021)

The Share Incentive Scheme Block Listing shares may be used for the issue of shares pursuant to director and employee share options. Of the total shares issued against these block listing schemes during the period, 2,039,518 (97%) shares were issued under this scheme during the period.

Subject to the Company having the relevant authorities approved by shareholders, the Share-Based Payment Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers.  They may also be used for the payment of employee salaries.  In such cases these shares are issued out of the Block Listing Shares on the first day of each month at the closing mid-market price of the Company's ordinary shares of 2.0p each ("Ordinary Shares") on the last trading day of the previous month. Of the total shares issued against these block listing schemes during the period, 70,825 (3%) shares were issued under this scheme during the period.

The Company has 222,023,317 Ordinary Shares in issue. This figure 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 Guidance and Transparency Rules.

Enquiries:

CyanConnode Holdings plc	Tel: [phone]
John Cronin, Executive Chairman	www.cyanconnode.com
Arden Partners plc (Nomad and Broker) Paul Shackleton / Elliot Mustoe (Corporate Finance) Simon Johnson (Corporate Broking)	Tel: [phone]

 

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