Director Share Options
Updated : 17:00
11 November 2024
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Director Share Options
CyanConnode Holdings plc (LSE: CYAN), a global leader in narrowband radio frequency (RF) smart mesh networks, announces that, further to its announcement on 11 November 2024 relating to the appointment of Lyndon Faulkner as Non-Executive Director of the Company, it has awarded 1,899,335 share options to Mr Faulkner at a vesting price of 10.53 pence per share, being the closing mid-market share price on Friday, 8 November 2024. The share options will vest, subject to continued appointment, 25% per year over the next four years with the first 25% vesting on 11 November 2025.
Mr Faulkner holds no other share options and holds no shares in the Company.
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 |
| ||
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 | Options over Ordinary Shares of 2.0p
Ordinary Shares - GB00BF93WP34 | ||
b) | Nature of the transaction | Purchase | ||
c) | Price(s) and volume(s) | Exercise Price - 10.53 pence Volumes - 1,899,335 Options
| ||
d) | Aggregated information | N/A - single transaction | ||
e) | Date of the transaction | 11 November 2024 | ||
f) | Place of the transaction | Outside a trading venue |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.