CYANCONNODE HOLDINGS PLC — Director's Dealing 2017

Feb 17, 2017

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RNS Number : 1342X

CyanConnode Holdings PLC

17 February 2017

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Director Shareholdings

CyanConnode (AIM:CYAN.L), the world leader in narrowband radio mesh networks, announces that following the Company's announcement in its circular dated 14 June 2016 (the "Circular") in which it was set out that all Directors had agreed to receive shares in the Company at the placing price of 0.18 pence per Ordinary Share rather than receive all remuneration that became due during the period 1 July 2016 to 30 June 2017 in cash, it has today issued the following shares of 0.01 pence per share (the "Income Shares" as defined in the Circular) to the directors of the Company:

The issue of shares set out below is the final issue to be made to Directors pursuant to the announcement in the Circular dated 14th June 2016. No shares were issued to Non-Executive Directors - their final shares issued under this scheme were issued on 30 December 2016 as shown in the RNS dated the same day.

Director	Position	No. of shares issued	Previous shareholding	Total shareholding	Per cent. of issued share capital post issue
John Cronin	Executive Chairman	38,888,888	347,201,775	386,090,662	2.43%
Simon Smith	Chief Financial Officer	13,001,194	197,632,487	210,633,681	1.33%
Harry Berry	Non-Executive Director	-	96,559,292	96,559,292	0.61%
John Read	Non-Executive Director	-	54,817,111	54,817,111	0.35%
Paul Ratcliff	Non-Executive Director	-	14,648,784	14,648,784	0.09%

As a result of the issue of these 51,890,082 Income Shares and 30,701,373 shares issued earlier in February 2017, the Company now has 15,886,980,099 Ordinary Shares in issue. This figure of 15,886,980,099 may be used by shareholders as the denominator 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 and Transparency Rules.

Enquiries:

CyanConnode Holdings plc
John Cronin, Executive Chairman	Tel: +44 (0) 1223 225 060
Cantor Fitzgerald Europe NOMAD and Joint Broker
Andrew Craig / Richard Salmond Beaufort Securities Limited Jon Belliss	Tel: +44 (0) 20 7894 7000 Tel: +44 (0) 20 7382 8300
Walbrook PR (Investor Relations)	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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