CYANCONNODE HOLDINGS PLC — Remuneration Information 2016

Dec 1, 2016

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RNS Number : 7079Q

CyanConnode Holdings PLC

01 December 2016

CyanConnode Holdings plc

("CyanConnode" or the "Company")

Director Shareholdings

CyanConnode (AIM:CYAN.L), the world leader in narrowband RF mesh networks for Omni Internet of Things communications, 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, and certain employees had agreed to receive shares in the Company at the placing price of 0.18 pence per ordinary share rather than any bonuses that became due during the same period, 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:

Director	Position	No. of shares issued	Previous shareholding	Total shareholding	Per cent. of issued share capital post issue
John Cronin	Executive Chairman	10,826,207	325,549,361	336,375,568	2.14%
Simon Smith	Chief Financial Officer	4,873,822	187,884,843	192,758,665	1.22%
Henry Berry	Non-Executive Director	4,157,556	75,771,514	79,929,070	0.51%
John Read	Non-Executive Director	898,072	50,326,751	51,224,823	0.33%
Paul Ratcliff	Non-Executive Director	989,244	9,702,563	10,691,807	0.07%

As a result of the issue of these 21,744,901 Income Shares and 26,499,488 ordinary shares of 0.1 pence each ("Ordinary Shares") pursuant to its block listing arrangements, the Company now has 15,750,911,738 Ordinary Shares in issue. This figure of 15,750,911,738 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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