Director Share Purchases

RNS Number : 9275I

CyanConnode Holdings PLC

17 December 2020

 

17 December 2020

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Director Share Purchases

CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, announces that John Cronin, Executive Chairman has agreed to receive 1,467,391 ordinary shares of 2.0p in the Company ("Ordinary Shares") as payment for part of his annual remuneration for the current financial year. These shares will be issued today, at a price of 4.6 pence per Ordinary Share, being the closing mid-market price of the Company's Ordinary Shares on 16 December 2020, being the day before the Ordinary Shares were issued.

Following issue of these Ordinary Shares, Mr Cronin's shareholding and investment in the Company will be as follows:-

Director	Shares purchased	Price paid per share (p)	Amount invested	Previous shareholding	New shareholding	% in Company	Total investment in Company (£)
John Cronin	1,467,391	4.6	67,500	3,773,809	5,241,200	2.83%	1,073,329

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Enquiries:

CyanConnode Holdings plc	Tel: [phone]
John Cronin, Executive Chairman	www.cyanconnode.com
Arden Partners plc (Nomad and Broker) Paul Shackleton/Dan Gee-Summons (Corporate Finance) Simon Johnson (Corporate Broking)	Tel: [phone]
Yellow Jersey PR (Financial PR)	Tel: [phone]
Sarah Hollins / Annabel Atkins	[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	John Cronin
2.		Reason for the Notification
a)		Position/status	Executive Chairman
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	Ordinary Shares of 2.0p
		Identification code	GB00B0P66Q02
b)		Nature of the transaction	Purchase of Ordinary Shares
c)		Price(s) and volume(s)	Purchase of Ordinary Shares Price(s) Volume(s) 4.6p 1,467,391
d)		Aggregated information: · Aggregated volume · Price	See above
e)		Date of the transaction	17 December 2020
f)		Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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