REG - CyanConnode Holdings - Director Share Options

Cyanconnode HoldingsAnnouncement

10/10/2024 09:30

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RNS Number : 7064H  CyanConnode Holdings PLC  10 October 2024

10 October 2024

CyanConnode Holdings plc

("CyanConnode" or the "Company")

 

Director share options

CyanConnode Holdings plc (LSE: CYAN), a global leader in narrowband radio
frequency (RF) smart mesh networks, announces that, further to its
announcement on 26 September 2024 relating to the share purchase by John
Cronin, Executive Chairman, on 10 October 2024 it awarded 315,689 share
options at a vesting price of 9.5 pence per share under the existing
CyanConnode Matching Share Plan (the "Plan"). Under the terms of the Plan
options are granted to employees at the same price and volume as market share
purchases.

Following this grant, Mr Cronin will hold options over 3,572,109 ordinary
shares in the Company ("Shares"). In addition, he holds interests over
5,672,359 Shares under the Company's Joint Share Ownership Plan. In total,
1,230,367 options have been issued to Mr Cronin under the Plan.

 

-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.

 1   Details of the persons discharging managerial responsibilities/person closely
     associated
 a)  Names                                                        John Cronin
 2   Reason for the notification
 a)  Positions/status                                             Executive Chairman
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         CyanConnode Holdings plc
 b)  LEI                                                          213800MDLW3GKKW5TT58
 4   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  Options over Ordinary Shares of 2.0p

     Identification code

                                                                  Ordinary Shares - GB00BF93WP34
 b)  Nature of the transaction                                    Purchase
 c)  Price(s) and volume(s)                                       Exercise Price - 9.5 pence

                                                                  Volumes - 315,689 Options

 d)  Aggregated information                                       N/A - single transaction
 e)  Date of the transaction                                      10 October 2024
 f)  Place of the transaction                                     Outside a trading venue

b)

LEI

213800MDLW3GKKW5TT58

4

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

Options over Ordinary Shares of 2.0p

 

Ordinary Shares - GB00BF93WP34

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Exercise Price - 9.5 pence

Volumes - 315,689 Options

 

d)

Aggregated information

N/A - single transaction

e)

Date of the transaction

10 October 2024

f)

Place of the transaction

Outside a trading venue

 

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