REG - CyanConnode Holdings - Director Share Purchase

Cyanconnode HoldingsAnnouncement

26/09/2024 07:00

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RNS Number : 7115F  CyanConnode Holdings PLC  26 September 2024

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.

 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  Ordinary shares of 2 pence each

     Identification code

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

                                                                  Volumes - 315,689 Ordinary Shares

 d)  Aggregated information                                       N/A - single transaction
 e)  Date of the transaction                                      25 September 2024
 f)  Place of the transaction                                     London Stock Exchange, AIM

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

Ordinary shares of 2 pence each

 

Ordinary Shares - GB00BF93WP34

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Price - 9.5 pence

Volumes - 315,689 Ordinary Shares

 

d)

Aggregated information

N/A - single transaction

e)

Date of the transaction

25 September 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

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