Cyan Holdings plc
("Cyan" or the "Company")
Block listing update
Further to the announcement on 10 January 2014, Cyan Holdings plc (the "Company") provides an update for that block listing arrangement for the period from 10 January 2014 to 9 July 2014.
Name: |
Cyan Holdings plc |
Name of scheme: |
Share-based payment agreements |
Period of return: |
From 10 January 2014 to 9 July 2014 |
Balance of unallotted securities under scheme(s) from previous return: |
4,708,268 |
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): |
60,000,000 |
Less: Number of securities issued/allotted under scheme(s) during period |
36,986,216 |
Equals: Balance under scheme(s) not yet issued/allotted at end of period: |
27,722,052 |
Number and class of securities originally admitted: |
10,000,000 ordinary shares of 0.01p each (16/09/2010) 10,000,000 ordinary shares of 0.01p each (01/10/2010) 10,000,000 ordinary shares of 0.01p each (06/07/2011) 10,000,000 ordinary shares of 0.01p each (01/02/2012) 10,000,000 ordinary shares of 0.01p each (13/04/2012) 10,000,000 ordinary shares of 0.01p each (20/07/2012) 30,000,000 ordinary shares of 0.01p each (01/08/2013) 30,000,000 ordinary shares of 0.01p each (15/01/2014) 30,000,000 ordinary shares of 0.01p each (26/06/2014) |
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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.
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.
The Company confirms that it currently has 3,454,611,309 ordinary shares of 0.01p each in issue.
Enquiries:
Cyan Holdings plc |
|
John Cronin, Exec Chairman
|
Tel: +44 (0) 1954 234 400 |
Allenby Capital Limited Nominated Adviser and Joint Broker |
|
Jeremy Porter / Michael McNeilly
Hume Capital Securities plc Joint Broker Jon Belliss
|
Tel: +44 (0) 20 3328 5656
Tel: +44 (0) 20 7101 7070 |
Walbrook PR Financial PR |
|
Paul Cornelius |
Tel: +44(0) 20 7933 8780 |