CYANCONNODE HOLDINGS PLC

Director's Dealing • Nov 20, 2024

National Storage Mechanism | Additional information

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: +44 (0) 1223 865 750
John Cronin, Executive Chairman	www.cyanconnode.com
Strand Hanson Limited (Nominated and Financial Adviser)	Tel: +44 (0) 20 7409 3494
James Harris / Richard Johnson / David Asquith
Zeus Capital Limited (Broker)	Tel:+44 (0)20 3829 5000
Simon Johnson / Louisa Waddell Panmure Liberum (Joint Broker)                                                              Rupert Dearden / James Sinclair-Ford	Tel: +44 (0) 20 7886 2500

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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