REG - CyanConnode Holdings - Holding(s) in Company

Cyanconnode HoldingsAnnouncement

27/09/2024 10:00

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RNS Number : 0237G  CyanConnode Holdings PLC  27 September 2024

27 September 2024

CyanConnode Holdings plc

("CyanConnode" or the "Company")

 

Holding(s) in Company

CyanConnode Holdings plc (LSE: CYAN), a global leader in narrowband radio
frequency (RF) smart mesh networks, has been notified that Axia Investments
Limited ("Axia") is interested in 35,892,131 ordinary shares of 2p each
("Ordinary Shares") representing approximately 10.001% of the Company issued
Ordinary Shares (previously 9.848%).

Additionally, the person subject to the notification obligation in respect of
Axia's interest has transferred to Doxa Partners LLP from  Privium Fund
Management (UK) Ltd.

-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.

 

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