Director Dealing & Issue of Equity

RNS Number : 2027K

CyanConnode Holdings PLC

31 December 2020

 

CyanConnode Holdings PLC

 ("CyanConnode Holdings plc" or the "Company")

Director Dealing & Issue of Equity

The Company was informed on 29 December 2020, that David Johns-Powell, a Non-Executive Director of the Company, sold 2,653,595 ordinary shares of 2 pence each in the Company ("Ordinary Shares") at a price of 5.556 pence per Ordinary Share and then repurchased, (into his family company), 2,653,595 Ordinary Shares at a price of 5.556 pence per Ordinary Share to facilitate a transfer between legal entities.  He also transferred 1,493,812 ordinary shares between funds held in his name at a price of 5.8 pence, where there was no change in ownership of the legal entity.

In addition to the above transactions the Company can confirm that David Johns-Powell has subscribed for 1,250,000 Ordinary Shares at a price of 6 pence per Ordinary Share ("New Ordinary Shares").

Post these transactions, David Johns-Powell has an interest in 19,083,490 Ordinary Shares, representing approximately 10.22% of the Company's total voting rights.

Application will be made for the admission of the New Ordinary Shares to trading on AIM and it is expected that the New Ordinary Shares will be admitted to trading on AIM at 8.00 a.m. on 6 January 2021. The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares of 2 pence each.

Following the admission of the New Ordinary Shares, the Company's total issued share capital will be 186,742,898 ordinary shares of 2 pence each.  This figure of 186,742,898 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: [phone]
John Cronin, Executive Chairman	www.cyanconnode.com
Arden Partners Plc (Nomad and Broker)	Tel: [phone]
Paul Shackleton / Dan Gee-Summons (Corporate Finance) Simon Johnson (Corporate Broking)
Yellow Jersey PR (Financial PR) Sarah Hollins/ Annabel Atkins	Tel:  [phone]   [e-mail]

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	David Johns-Powell, a Non-Executive
2	Reason for the notification
a)	Position/status	See 1 a) above
b)	Initial notification /Amendment	Initial notification
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	Ordinary shares of 2p each in CyanConnode Holdings plc Identification code (ISIN) for CyanConnode Holdings plc ordinary shares: GB00BF93WP34
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) and volume(s) 5.5p 5.6p 5.6p 5.8p 5.9p 750,000 1,388,889 514,706 1,407,563 86,249
d)	Aggregated information - Aggregated volume - Price	4,147,407 5.565p
e)	Date of the transaction	22-29 December 2020
f)	Place of the transaction	London Stock Exchange, (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Johns-Powell, a Non-Executive Director
2	Reason for the notification
a)	Position/status	See 1 a) above
b)	Initial notification /Amendment	Initial notification
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	Ordinary shares of 2p each in CyanConnode Holdings plc Identification code (ISIN) for CyanConnode Holdings plc ordinary shares: GB00BF93WP34
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 5.5p 5.6p 5.8p 5.9p 750,000 1,903,595 1,407,563 86,249
d)	Aggregated information - Aggregated volume - Price	4,147,407 5.565p
e)	Date of the transaction	22-29 December 2020
f)	Place of the transaction	London Stock Exchange, (XLON)
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Johns-Powell, a Non-Executive Director
2	Reason for the notification
a)	Position/status	See 1 a) above
b)	Initial notification /Amendment	Initial notification
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	Ordinary shares of 2p each in CyanConnode Holdings plc Identification code (ISIN) for CyanConnode Holdings plc ordinary shares: GB00BF93WP34
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 6.0p 1,250,000
d)	Aggregated information - Aggregated volume - Price	See 4 c) above
e)	Date of the transaction	6 January 2021
f)	Place of the transaction	London Stock Exchange, (XLON)

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