CYANCONNODE HOLDINGS PLC — AGM Information 2017

Oct 2, 2017

National Storage Mechanism | Additional information

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RNS Number : 4212S

CyanConnode Holdings PLC

02 October 2017

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Result of General Meeting

CyanConnode Holdings plc (AIM:CYAN.L), the world leader in narrowband radio mesh networks, is pleased to announce that at the Company's General Meeting held at 11.00 a.m. today, all of the resolutions proposed to shareholders were duly passed.

Following such approvals the Company now has the requisite authorities to complete the placing of 16,995,349 ordinary shares, subscription for 13,857,139 ordinary shares and share consolidation as announced on 15 September 2017.

Application has been made for the Consolidated Shares and the Fundraising Shares to be admitted to trading on AIM ("Admission") and Admission is expected to become effective at 8.00 a.m. on 3 October 2017 for the Consolidated Shares, 5,482,142 of the Subscription Shares and the EIS/VCT Placing Shares, and on 4 October 2017 for the General Placing Shares and 6,589,283 of the Subscription Shares. It is expected that April Admission will become effective and that dealings in the remaining 1,785,714 Subscription Shares will commence by 8.00 a.m. on 10 April 2018.

Following the issue of the 89,543,134 Consolidated Shares and 29,066,774 of the Fundraising Shares, the Company's issued share capital will consist of 118,609,908 ordinary shares.  The Company does not hold any shares in treasury. This figure of 118,609,908 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

Following completion of the Share Consolidation, which will take effect at 6.00 p.m. today, and as detailed in the circular posted to Shareholders on 15 September 2017, Shareholders with a holding of fewer than 200 Existing Ordinary Share prior to 6.00 p.m. today will not be entitled to receive any Consolidated Shares and will cease to be Shareholders.

Immediately following the meeting, the Company gave a short presentation to shareholders, a copy of which can be found on the Company's website at:

http://cyanconnode.com/investors/presentations/

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

Enquiries:

CyanConnode Holdings plc	Tel: +44 (0) 1223 225 060
John Cronin, Executive Chairman	www.cyanconnode.com
FinnCap Ltd (Nomad and Broker)	Tel: +44 (0) 20 7220 0500
Adrian Hargrave/Giles Rolls (Corporate Finance) Alice Lane (Corporate Broking)
Walbrook PR (Financial PR)	Tel:  +44 (0) 20 7933 8780
Paul Cornelius / Nick Rome	cyanconnode@walbrookpr.com

This information is provided by RNS

The company news service from the London Stock Exchange

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