Block Listing

RNS Number : 1941K

Cyan Holdings Plc

20 June 2014

 



Cyan Holdings plc

("Cyan" or the "Company")

Block Listing Information

Cyan announces that application has been made for admission to trading on AIM in respect of a block listing of 30,000,000 ordinary shares of 0.01p each to become effective on 26 June 2014 (the "Block Listing Shares"). The Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers. The Block Listing Shares may also be used for the payment of employee salaries as announced in our block listing update on 10 January 2014. Such shares will be issued out of the Block Listing Shares on the first day of each month at the closing mid-market price of the Company's ordinary shares on the last trading day of the previous month.

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.

Enquiries:

Cyan Holdings plc	www.cyantechnology.com
John Cronin, Exec Chairman	Tel: [phone]
Allenby Capital Limited NOMAD and Joint Broker
Jeremy Porter / Michael McNeilly Hume Capital Securities plc Joint Broker Jon Belliss	Tel: [phone] Tel: [phone]
Walbrook PR Financial PR
Paul Cornelius	Tel: [phone]

 

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