CyanConnode Holdings PLC Director Share Options

RNS Number : 7722L

CyanConnode Holdings PLC

11 November 2024

 

11 November 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 11 November 2024 relating to the appointment of Lyndon Faulkner as Non-Executive Director of the Company, it has awarded 1,899,335 share options to Mr Faulkner at a vesting price of 10.53 pence per share, being the closing mid-market share price on Friday, 8 November 2024. The share options will vest, subject to continued appointment, 25% per year over the next four years with the first 25% vesting on 11 November 2025.

Mr Faulkner holds no other share options and holds no shares in the Company.

 

Enquiries:

CyanConnode Holdings plc	Tel: [phone]
John Cronin, Executive Chairman	www.cyanconnode.com
Strand Hanson Limited (Nominated and Financial Adviser)	Tel: [phone]
James Harris / Richard Johnson / David Asquith
Zeus Capital Limited (Broker)	Tel:[phone]
Simon Johnson / Louisa Waddell   Panmure Liberum (Joint Broker)                                                              Rupert Dearden / James Sinclair-Ford	Tel: [phone]

 

 

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	Lyndon Faulkner
2	Reason for the notification
a)	Positions/status	Non-Executive Director
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 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 - 10.53 pence  Volumes - 1,899,335 Options
d)	Aggregated information	N/A - single transaction
e)	Date of the transaction	11 November 2024
f)	Place of the transaction	Outside a trading venue

 

 

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