Business
Statement re. Press Speculation
Statement re. Press Speculation.
About this update from Cyanconnode Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 1575Z Cyan Holdings Plc 24 May 2016 \n\n \nCyan Holdings plc(\"Cyan\" or the \"Company\")\n \nStatement re. Press Speculation\n \nThe Board of Cyan Holdings plc notes recent press speculation and confirms that it is considering its financing options to raise approximately £12.5 million to be used for a potential acquisition and for working capital purposes (the \"Potential Transaction\"), although the terms of any potential placing have not yet been agreed. \nThe Potential Transaction, if it were to proceed, would be classified as a substantial transaction for the purposes of the AIM Rules for Companies.\nA further announcement will be made in due course, as appropriate.\nEnquiries:\n\n\n\n\nCyan Holdings plc\n\n\nTel: +44 (0) 1954 234 400\n\n\n\n\nJohn Cronin, Executive Chairman\n\n\nwww.cyantechnology.com\n\n\n\n\n\n\n\n\n\n\n\n\nCantor Fitzgerald Europe - Nominated Adviser and Broker\nAndrew Craig \nRichard Salmond\n\n\nTel: +44 (0) 207 894 7000\n\n\n\n\n\n\n\n\n\n\n\n\nBeaufort Securities Limited - Joint Broker\n\n\nTel: +44 (0) 207 382 8300\n\n\n\n\nJon Belliss\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWalbrook PR - Financial PR\n\n\nTel: +44(0) 20 7933 8780 \n\n\n\n\nPaul Cornelius \nNick Rome\n\n\[email protected]\n\n\n\n\n \n\nAbout Cyan \nCyan is an integrated system design company based in Cambridge, UK. It provides a communication platform that enables the measurement and control of energy consumption for the metering and lighting markets, helping to reduce energy losses. Cyan's wireless mesh networking platform offers 'last mile' connectivity between millions of devices and enterprise software, supporting bilateral communications with the end customer. \n \nFor more information, please visit www.cyantechnology.com.\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END STRPGUPPAUPQGPC\n ","length":5133,"tagName":"div"}]