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 |
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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 | 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
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| d) | Aggregated information | N/A - single transaction | ||
| e) | Date of the transaction | 11 November 2024 | ||
| f) | Place of the transaction | Outside a trading venue | ||
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