Cyan Holdings plc
("Cyan" or the "Company")
Director Shareholdings
The Company announces that it has entered into agreements with each of its directors to issue them with ordinary shares of 0.2 pence each ("Ordinary Shares"). Further to the Company's circular dated 1 September 2010 and the announcement referring to the block listing on 16 September 2010, the Company confirms that it has issued 556,690 Ordinary Shares to Kenn Lamb and 310,444 Ordinary Shares to John Read at a price of 0.9p each. John Read and Simon Smith have also today subscribed for 2,777,777 Ordinary Shares and 2,777,778 Ordinary Shares respectively at a price of 0.9p each.
Following these transactions, the shareholdings of the directors in the Company are as follows:
Director name |
Total shareholding |
Holding post the transaction (percentage of ISC)
|
Kenn Lamb |
39,056,690 |
4.24% |
John Read |
9,439,857 |
1.02% |
Simon Smith |
5,777,778 |
0.63% |
Enquiries:
Cyan Holdings plc |
|
Kenn Lamb, CEO |
Tel: +44 (0) 1954 234 400 |
Cenkos Securities plc |
|
Stephen Keys |
Tel: +44 (0) 20 7397 8900 |
Media - Hansard Group |
|
John Bick |
Tel: +44(0) 20 7245 1100 |