CyanConnode Holdings PLC Director Share Purchase and Issue of Options

RNS Number : 8714M

CyanConnode Holdings PLC

20 November 2024

 

20 November 2024

 

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Director Share Purchase and Issue of Options

CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, announces that Lyndon Faulkner, Non-Executive Director, has purchased ordinary shares of 2.0p in the Company ("Ordinary Shares"), as follows.

 

Director	Shares purchased	Price paid per share (p)	Amount invested (£)	Previous shareholding	New shareholding	% in Company
Lyndon Faulkner	500,000	9.94	49,700	-	500,000	0.14%

 

Furthermore, pursuant to the CyanConnode Matching Share Plan (the "Plan"), the Company will now grant 500,000 options over Ordinary Shares to Mr Faulkner. Under the terms of this Plan the options will be granted with an exercise price the same as that which the shares were purchased at and will vest after four years.  

Following this grant, Mr Faulkner will hold options over 2,399,335 Ordinary Shares.

 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	Ordinary Shares of 2.0p And options over ordinary shares of 2p Ordinary Shares - GB00BF93WP34
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Purchase of 500,000 ordinary shares at 9.94p Grant of 500,000 options with exercise price of 9.94 pence
d)	Aggregated information	See above
e)	Date of the transaction	19 November 2024
f)	Place of the transaction	London Stock Exchange, AIM

 

 

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