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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.50 | 14.00 | 15.00 | 14.50 | 14.50 | 14.50 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electronic Components, Nec | 18.73M | -3.83M | -0.0107 | -13.55 | 52.04M |
From Feb 2023 to Feb 2025
TIDMCYAN
RNS Number : 8802T
CyanConnode Holdings PLC
17 November 2023
17 November 2023
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Issue of Share Options
CyanConnode (AIM:CYAN.L), the world leader in narrowband radio mesh networks, announces that, on 17 November 2023, it awarded options to acquire ordinary shares of 2 pence per share in the Company ("Options") to John Cronin, Executive Chairman and to Heather Peacock, Chief Financial Officer, as follows:
Hot Features
Premium
Director No of Exercise Vesting
options price
(p)
one third at grant and one third
on each of 31 March 2024 and 31
John Cronin 600,000 15.75 March 2025
---------- --------- --------------------------------------
one third at grant and one third
on each of 31 March 2024 and 31
506,082 14.00 March 2025
---------- --------- --------------------------------------
one third on each of 31 January
2024, 31 January 2025 and 31 January
442,857 17.00 2026
---------- --------- --------------------------------------
1,548,949
---------- --------- --------------------------------------
one third at grant and one third
on each of 31 March 2024 and 31
Heather Peacock 600,000 15.75 March 2025
---------- --------- --------------------------------------
one third at grant and one third
on each of 31 March 2024 and 31
506,082 14.00 March 2025
---------- --------- --------------------------------------
one third on each of 31 January
2024, 31 January 2025 and 31 January
442,857 17.00 2026
---------- --------- --------------------------------------
682,642
---------- --------- --------------------------------------
These are the first share options awarded to the directors in over two years. This brings the total options held by John Cronin to 3,256,420 being 1.09% of issued share capital and options held by Heather Peacock to 2,191,850 being 0.73% of issued share capital. The above options have been awarded as part of the Company's Unapproved Share Option Scheme. It is anticipated that the options granted today will be converted into shares to be held in the Company's Joint Share ownership Plan ("JSOP") as soon as appropriate, with the same vesting prices and dates as set out above.
In addition to the above share options John Cronin and Heather Peacock currently hold the following shares in the Company's JSOP.
Participation Price GBP Shares in JSOP % of share capital
Director Grant Date Expiry Date
John Cronin 10/11/21 10/11/26 0.145 5,672,359
---------------- ------------- -------------- ----------------------- -------------- ------------------
5,672,359 1.90%
--------------------------------------------- ----------------------- -------------- ------------------
Heather Peacock 10/11/21 10/11/26 0.145 1,331,498
---------------- ------------- -------------- ----------------------- -------------- ------------------
1,331,498 0.45%
--------------------------------------------- ----------------------- -------------- ------------------
Enquiries:
CyanConnode Holdings plc www.cyanconnode.com
John Cronin, Executive Chairman Tel: +44 (0) 1223 865 750
Strand Hanson Limited (Nominated and
Financial Adviser)
James Harris / Richard Johnson / David Tel: +44 (0) 20 7409 3494
Asquith
Tel:+44 (0)20 3829 5000
Zeus Capital Limited (Sole Bookrunner
and Broker)
Simon Johnson / Louisa Waddell
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
DSHNKOBQPBDDBDD
(END) Dow Jones Newswires
November 17, 2023 10:45 ET (15:45 GMT)
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