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REG - CyanConnode Holdings - CyanConnode Banking Arrangements

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RNS Number : 6621S  CyanConnode Holdings PLC  13 March 2023

13 March 2023

 

 

CyanConnode Holdings plc

 

("CyanConnode" or the "Company")

 

CyanConnode Banking Arrangements

 

In response to enquiries from shareholders following the announcement by
Silicon Valley Bank (SVB) on 10 March 2023, CyanConnode Holdings plc (AIM:
CYAN), would like to confirm that the Company has no relationships with or
banking arrangements involving SVB.

 

 

For further information, please contact:

 

 CyanConnode Holdings plc                                 +44 (0) 1223 225 060

 John Cronin, Executive Chairman

 Strand Hanson Limited (Nominated and Financial Adviser)  +44 (0) 20 7409 3494

 James Harris

 Richard Johnson

 David Asquith

 Zeus Capital Limited (Broker)                            +44 (0) 20 3829 5000

 Simon Johnson

 Alexandra Campbell-Harris

About CyanConnode

 

CyanConnode (AIM:CYAN), 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.

 CyanConnode's award-winning Omnimesh Advanced Metering Infrastructure (AMI)
platform has 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.

For more information, please visit  www.cyanconnode.com
(http://www.cyanconnode.com/)

 

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