Total Voting Rights and Block Listing Information

RNS Number : 9973K

Cyan Holdings Plc

06 August 2013

 



Cyan Holdings plc

Total Voting Rights and Block Listing Information

Further to the Company's announcement on 14 February 2013 regarding admission of a block listing for exercise of warrants the Company confirms that it currently has 2,656,177,850 ordinary shares of 0.01p each in issue.

Below is an interim review for the block listing.

Name:	Cyan Holdings plc
Name of Scheme:	Exercise of warrants
Period of Return:	From 14 Feb 2013 to 2 August 2013
Balance of unalloted securities under scheme(s) from previous return:	285,732,334
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):	-
Less: Number of securities issued/allotted under scheme(s) during period	96,252,781
Equals: Balance under scheme(s) not yet issued/allotted at end of period:	189,479,553
Number and class of securities originally admitted:	285,732,334 ordinary shares of 0.01p each (14/02/2013)

The unexercised warrants approved as part of the placing in August 2012 have now expired, however the balance of shares remaining under this block listing will be used to allot shares to cover the exercise of warrants as approved at the Company's AGM on 27^th June 2013. These amount to 74,444,444 warrants at 0.65 pence per share and 10,000,000 shares at 0.63 pence per share.

On issue, the Block Listing Shares will be issued credited as fully paid and will rank pari passu with the existing ordinary shares in issue.

The company is also pleased to update that a total of 113,314,018 of the Placing Warrants approved in August 2012 were exercised at a price of 0.5 pence per ordinary share subscribed, and a total of 42,114,000 of the Corporate Finance warrants approved in August 2012 were exercised at a price of 0.4787 pence per ordinary share. This raised a total of £768,170 additional funds for the company.

Cyan Holdings plc          

Enquiries:

Cyan Holdings plc John Cronin, Chairman www.cyantechnology.com	Tel: [phone]
Cenkos Securities plc NOMAD and Joint Broker Stephen Keys / Adrian Hargrave	Tel: [phone]
XCAP Securities plc Joint Broker Jon Belliss / Adrian Kirk	Tel: [phone]
Walbrook PR Financial PR Bob Huxford Paul Cornelius	Tel: [phone] [e-mail] [e-mail]

 

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