CyanConnode Holdings PLC Holding(s) in Company

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: [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 (Joint Broker)                                                         Tel: [phone]

Simon Johnson / Louisa Waddell

 

Panmure Liberum (Joint Broker)                                                              Tel: [phone]

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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