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CYAN Cyanconnode Holdings Plc

8.30
-0.10 (-1.19%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cyanconnode Holdings Plc LSE:CYAN London Ordinary Share GB00BF93WP34 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -1.19% 8.30 8.20 8.40 8.40 8.30 8.40 751,109 13:14:36
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 11.73M -2.41M -0.0074 -11.22 26.86M

CyanConnode Holdings PLC Holding(s) in Company (7950C)

24/01/2018 10:41am

UK Regulatory


Cyanconnode (LSE:CYAN)
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TIDMCYAN

RNS Number : 7950C

CyanConnode Holdings PLC

24 January 2018

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Holdings in Company

CyanConnode (AIM:CYAN.L), has been notified that the technology funds from whom the Company purchased Connode Holding AB ("Connode") in July 2016, have sold 5,881,631 shares previously held in the Company following the completion of an 18 month lock-in period. These funds include Swedestart Tech KB, Yewtree Holding AB, CapMan Equity VII ALP, CapMan Equity VII CLP, CapMan Equity Sweden KB, Maneq Fund 2004 KY and Maneq 2004 AB. The TR-1 for in respect of Swedestart Tech KB is below.

The Company has been advised that this share sale is purely as a result of the fund managers' decision to wind down the funds.

Enquiries:

 
 CyanConnode Holdings plc             Tel: +44 (0) 1223 225 
                                       060 
 John Cronin, Executive               www.cyanconnode.com 
  Chairman 
 FinnCap Limited (Nomad               Tel: +44 (0) 20 7220 
  and Broker)                          0500 
  Adrian Hargrave/Giles Rolls 
  (Corporate Finance) 
  Alice Lane (Corporate Broking) 
 
   Walbrook PR (Investor Relations)     Tel: +44(0) 20 7933 8780 
 Paul Cornelius / Nick Rome           cyanconnode@walbrookpr.com 
 

About CyanConnode

CyanConnode is a world leader in narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications. Its innovative solutions use sub GHz frequencies and are optimised for exceptional performance. Optimal solutions provide end-to-end quality of service and total cost of ownership and 6LoWPAN delivers standards-based IPv6 solutions, enabling rapid innovation for the implementation of 3(rd) party applications. Through its global partner eco-system, CyanConnode provides customers with the flexibility and choice required to converge networks for applications in smart cities and IoT, delivering increased customer value.

For more information, please visit www.cyanconnode.com.

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the FCA in Microsoft Word format if possible)(i) 
---------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                     CYANCONNODE HOLDINGS PLC 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
---------------------------------------------------------------------------------------------------- 
 Non-UK issuer 
-------------------------------------------------------------------------------------  ------------- 
 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
---------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                 X 
-------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of financial instruments 
-------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------------------------------  ------------- 
 Other (please specify)(iii) : 
-------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                               SWEDESTART TECH KB 
                                                     Swedish registration number: 
                                                     969674-7725 
 City and country of registered 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
---------------------------------------------------------------------------------------------------- 
 Name 
-------------------------------------------------  ------------------------------------------------- 
 City and country of registered 
  office (if applicable) 
-------------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                     23 January 2018 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                   24 January 2018 
  (DD/MM/YYYY): 
-------------------------------------------------  ------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
---------------------------------------------------------------------------------------------------- 
                               % of voting            % of voting        Total of       Total number 
                              rights attached       rights through       both in %       of voting 
                                 to shares             financial        (8.A + 8.B)      rights of 
                                 (total of            instruments                        issuer(vii) 
                                   8. A)               (total of 
                                                      8.B 1 + 8.B 
                                                          2) 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached             <3%                                                            127,933,196 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)            2,793,771 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type                Number of voting rights(ix)                   % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
------------------------ 
                                   Direct                Indirect                   Direct                 Indirect 
                                  (Art 9 of              (Art 10 of                (Art 9 of               (Art 10 of 
                                  Directive              Directive                 Directive               Directive 
                                 2004/109/EC)           2004/109/EC)              2004/109/EC)            2004/109/EC) 
                                   (DTR5.1)              (DTR5.2.1)                 (DTR5.1)               (DTR5.2.1) 
----------------------    ------------------------  ------------------  ------------------------------  -------------- 
 ORDINARY                  <3% 
  SHARES GB00B0P66Q02 
------------------------  ------------------------  ------------------  ------------------------------  -------------- 
 
 
 SUBTOTAL                                      <3% 
  8. A 
------------------------  --------------------------------------------  ---------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial         Expiration              Exercise/           Number of voting                  % of voting 
  instrument                date(x)                 Conversion          rights that                       rights 
                                                    Period(xi)          may be acquired 
                                                                        if the instrument 
                                                                        is 
                                                                        exercised/converted. 
------------------------  ----------------------  ------------------  --------------------------------  -------------- 
 
 
 
                                                   SUBTOTAL 8. 
                                                    B 1 
                                                  ------------------  --------------------------------  -------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Art. 13(1)(b) of Directive 2004/109/EC 
  (DTR5.3.1.1 (b)) 
---------------------------------------------------------------------------------------------------------------------- 
 Type of                 Expiration                Exercise/         Physical               Number       % of voting 
  financial               date(x)                  Conversion        or cash                 of voting    rights 
  instrument                                       Period            settlement(xii)         rights 
                                                   (xi) 
----------------------  ------------------------  ----------------  ---------------------  -----------  -------------- 
 
 
 
                                                                     SUBTOTAL 
                                                                      8.B.2 
                                                                    ---------------------  -----------  -------------- 
 
 
 
 
 9. Information in relation to the person subject to 
  the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is                         X 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer(xiii) 
 Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(xiv) (please add additional rows as 
  necessary) 
--------------------------------------------------------------  --------------------- 
   Name(xv)        % of voting            % of voting              Total of both 
                   rights if it          rights through             if it equals 
                   equals or is       financial instruments         or is higher 
                   higher than            if it equals           than the notifiable 
                  the notifiable          or is higher                threshold 
                    threshold          than the notifiable 
                                            threshold 
-------------  ------------------  -------------------------  ----------------------- 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
------------------------------------------------------------------------------------- 
 Name of the proxy holder 
---------------------------------  -------------------------------------------------- 
 The number and % of voting 
  rights held 
---------------------------------  -------------------------------------------------- 
 The date until which the 
  voting rights will be held 
---------------------------------  -------------------------------------------------- 
 
 11. Additional information(xvi) 
------------------------------------------------------------------------------------- 
 LENNART JACOBSSON 
  +46 705 - 55 10 50 
------------------------------------------------------------------------------------- 
 
 
 
 Place of completion   UK 
--------------------  ---------------- 
 Date of completion    23 January 2018 
--------------------  ---------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUSORRWKAAUAR

(END) Dow Jones Newswires

January 24, 2018 05:41 ET (10:41 GMT)

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