26 September 2024
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Director share
purchase
CyanConnode Holdings plc (LSE:
CYAN), a global leader in narrowband radio frequency (RF) smart
mesh networks, announces that John Cronin,
Executive Chairman, purchased 315,689 ordinary shares of 2p each
("Ordinary Shares") at a price of 9.5 pence per share on 25
September 2024.
This brings John's interest in the
Company's issued share capital to 7,390,092 Ordinary Shares, being
2.06% of the current issued share capital. John also has interests
in 5,672,359 shares held jointly in the Company's Joint Share
Ownership Plan ("JSOP"), being a further 1.58% of the Company's
issued share capital. This brings his total interest over
CyanConnode Ordinary Shares to 3.64%.
The total amount invested in
Ordinary Shares of the Company by John Cronin to date is £1.32
million.
-Ends-
Enquiries:
CyanConnode Holdings plc
Tel: +44
(0) 1223 865 750
John Cronin, Executive Chairman
www.cyanconnode.com
Strand Hanson Limited (Nominated and Financial Adviser)
Tel: +44 (0) 20 7409 3494
James Harris / Richard Johnson /
David Asquith
Zeus
Capital Limited (Joint
Broker)
Tel: +44 (0) 20 3829 5900
Simon Johnson / Louisa
Waddell
Panmure Liberum (Joint
Broker)
Tel: +44 (0) 20 7886 2500
Rupert Dearden / James
Sinclair-Ford
About
CyanConnode
CyanConnode (AIM:CYAN.L), is a world
leader in Narrowband Radio Frequency (RF) Smart Mesh Networks,
which are used for machine to machine (M2M) communication. As
well as being self-forming and self-healing, CyanConnode's RF Smart
Mesh Networks are designed for rapid deployment, whilst giving
exceptional performance and competitive total cost of
ownership.
In June 2018, CyanConnode launched
its award-winning Omnimesh Advanced Metering Infrastructure (AMI)
platform, which has already gained considerable commercial
traction, especially in India which is a key market for the
Company.
Through a Global partner eco-system,
which is vendor agnostic, CyanConnode has several routes to market,
therefore it is well positioned to capitalise upon increasing
Global demand for smart metering solutions.
PDMR Notification Form
The notification below is made in
accordance with the requirements of MAR.
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1
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Details of the persons discharging
managerial responsibilities/person closely associated
|
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a)
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Names
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John Cronin
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2
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Reason for the
notification
|
|
a)
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Positions/status
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Executive Chairman
|
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b)
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Initial
notification/Amendment
|
Initial notification
|
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3
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Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
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Name
|
|
|
b)
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LEI
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213800MDLW3GKKW5TT58
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|
4
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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
Identification code
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Ordinary shares of 2
pence each
Ordinary Shares -
GB00BF93WP34
|
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b)
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Nature of the transaction
|
Purchase
|
|
c)
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Price(s) and volume(s)
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Price - 9.5 pence
Volumes -
315,689 Ordinary Shares
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d)
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Aggregated information
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N/A - single transaction
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e)
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Date of the transaction
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25 September 2024
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f)
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Place of the transaction
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London Stock Exchange,
AIM
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