CyanConnode Holdings plc

Block listing update

Further to its most recent block listing announcement on 22 January 2021, CyanConnode Holdings plc (the "Company") provides an update on its block listing arrangements (the "Block Listing Shares") for the period from 12 January 2021 to 11 January 2022.

The Share Incentive Scheme Block Listing shares may be used for the issue of shares pursuant to director and employee share options. Of the total shares issued against these block listing schemes during the period, 2,039,518 (97%) shares were issued under this scheme during the period.

Subject to the Company having the relevant authorities approved by shareholders, the Share-Based Payment Block Listing Shares may be used to settle cash sums due by the Company for suppliers and professional advisers.   They may also be used for the payment of employee salaries.  In such cases these shares are issued out of the Block Listing Shares on the first day of each month at the closing mid-market price of the Company's ordinary shares of 2.0p each ("Ordinary Shares") on the last trading day of the previous month. Of the total shares issued against these block listing schemes during the period, 70,825 (3%) shares were issued under this scheme during the period.

The Company has 222,023,317 Ordinary Shares in issue. This figure 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 Guidance and Transparency Rules.

Enquiries: