Director/PDMR Shareholding
Cyan Holdings Plc
01 April 2008
Press Release 1 April 2008
Cyan Holdings Plc
('Cyan' or 'the Company')
Directors Dealing
Cyan Directors Purchase 630,000 shares
Cyan (AIM: CYAN.L), a fabless semiconductor company providing configurable
application software and production ready modules based on feature rich, low
power, microcontroller chips, was notified today that, Directors of the Company
have bought a total of 630,000 shares.
Kenn Lamb, Chief Executive of the Company, purchased on 27 March 2008, for his
pension fund, 250,000 ordinary shares of 0.2 pence each in the Company at a
price of 4.75 pence per share. Following this purchase, Mr Lamb has an interest
in 250,000 ordinary shares, representing approximately 0.2% per cent. of the
Company's issued share capital.
John Read, Non-Executive Chairman of the Company, purchased on 27 March 2008,
for his pension fund, 250,000 ordinary shares of 0.2 pence each in the Company
at a price of 5.00 pence per share. Following this purchase, Dr Read has an
interest in 363,636 ordinary shares, representing approximately 0.3% per cent.
of the Company's issued share capital.
David Gutteridge, Non-Executive Director of the Company, purchased on 28 March
2008, 10,000 ordinary shares of 0.2 pence each in the Company at a price of 5.15
pence per share and on 31 March 2008, 120,000 ordinary shares of 0.2 pence each
in the Company at a price of 6.25 pence per share. Following these purchases,
Mr Gutteridge has an interest in 130,000 ordinary shares, representing
approximately 0.1% per cent. of the Company's issued share capital.
-Ends-
For further information:
Cyan Holdings plc
Kenn Lamb, CEO Tel: +44 (0) 1954 234 400
Andrew Lee, Finance Director
www.cyantechnology.com
Collins Stewart Europe Limited
Chris Howard / Oliver Quarmby Tel: +44 (0) 20 7523 8350
Corporate Finance
www.collins-stewart.com
Abchurch Communications
Heather Salmond/ Franziska Boehnke Tel: +44 (0) 20 7398 7716
franziska.boehnke@abchurch-group.com www.abchurch-group.com
Notes to Editors
Based in Cambridge in the UK, Cyan Holdings plc is a fabless semiconductor
company specializing in the development of applications solutions collectively
known as 'Cy SolvedTM' which are built upon the company's low powered,
configurable eCOG1k and eCOG1x microcontroller chips.
Cy-Solved incorporates ready to go solutions, software stacks, applications
examples, modular software based on easy to use APIs, evaluation boards and
production hardware modules from partners, all pulled together through Cyan's
free integrated development environment CyanIDETM. Cy-Solved can be incorporated
as-is into an application but also supports an ability to be easily customised -
either way, giving users a head start on the road to market. Currently
available Cy-Solved applications include RF-Solved, USB-Solved, Ethernet-Solved
and Motor Control-Solved.
The Company was founded in 2002 and listed on AIM in 2005 Cyan Holdings plc
operates through the brand 'Cyan'.
Website: http://www.cyantechnology.com
This information is provided by RNS
The company news service from the London Stock Exchange