Director Share Purchase and Issue of Options
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 |
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Strand Hanson Limited (Nominated and Financial Adviser) | Tel: +44 (0) 20 7409 3494 |
James Harris / Richard Johnson / David Asquith |
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Zeus Capital Limited (Broker) | Tel:+44 (0)20 3829 5000 |
Simon Johnson / Louisa Waddell
Panmure Liberum (Joint Broker) Rupert Dearden / James Sinclair-Ford
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Tel: +44 (0) 20 7886 2500 |
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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 |
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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
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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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