CyanConnode Holdings PLC Block listing Update (0749U)
13 January 2017 - 6:00PM
UK Regulatory
TIDMCYAN
RNS Number : 0749U
CyanConnode Holdings PLC
13 January 2017
CyanConnode Holdings plc
Block listing update
Further to the announcement on 12 July 2016, CyanConnode
Holdings plc (the "Company") provides an update on its block
listing arrangements for the period from 12 July 2016 to 11 January
2017.
Name: CyanConnode Holdings plc
Name of scheme: Share-based payment agreements
Period of return: From 12 July 2016 to 11 January
2017
Balance of unallotted
securities under scheme(s)
from previous return: 425,628,553
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): 100,000,000
Less: Number of securities
issued/allotted under
scheme(s) during period 442,589,062
Equals: Balance under
scheme(s) not yet issued/allotted
at end of period: 83,039,491
Number and class of securities 10,000,000 ordinary shares
originally admitted: 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)
30,000,000 ordinary shares
of 0.01p each (02/09/2015)
100,000,000 ordinary shares
of 0.01p each (14/12/2015)
405,502,333 ordinary shares
of 0.01p each (01/07/2016)
100,000,000 ordinary shares
of 0.01p each (25/08/2016)
In addition, CyanConnode announces that application has been
made for admission to trading on AIM in respect of a further block
listing of 100,000,000 ordinary shares of 0.01p each to become
effective on 19 January 2017 (the "Block Listing Shares"). The
Block Listing Shares may be used to settle cash sums due by the
Company for suppliers and professional advisers. They 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. The Block
Listing Shares admitted on 1 July 2016 will be used to issue shares
to directors and certain employees as described in the circular
announced to shareholders on 14 June 2016, at the placing price of
0.18 pence per ordinary 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 now has 15,804,388,644 ordinary shares of 0.01p each
in issue. The figure of 15,804,388,644 may be used by shareholders
as the denominator by which they will determine if they are
required to notify their interest in, or a change to their interest
in, the Company under the Disclosure Guidance and Transparency
Rules.
Enquiries:
Cyan Holdings plc www.cyantechnology.com
John Cronin, Executive Tel: +44 (0) 1223 225060
Chairman
Cantor Fitzgerald Europe
(Nomad and Broker)
Andrew Craig / Richard Tel: +44 (0) 20 7894
Salmond 7000
Beaufort Securities Limited
(Broker)
Jon Belliss Tel: +44 (0) 20 7382
8300
Walbrook PR
(Investor Relations) cyan@walbrookpr.com
Paul Cornelius / Nick Tel: +44(0) 20 7933 8780
Rome
This information is provided by RNS
The company news service from the London Stock Exchange
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