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Holding(s) in Company
01 May 2008

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: CYAN HOLDINGS PLC
2. Reason for the notification    (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached  
An event changing the breakdown of voting rights  
Other (please specify):___________________________________________  
3. Full name of person(s) subject to the
notification obligation:
Tosca Asset Management LLP
4. Full name of shareholder(s) (if different from 3.): Tosca Small Cap
5. Date of the transaction (and date on which the threshold is crossed or reached if different): 25 APRIL 2008
6. Date on which issuer notified: 29 APRIL 2008
7. Threshold(s) that is/are crossed or reached: 10%
8. Notified details:   

A: Voting rights attached to shares
Class/type of shares
 if possible using the ISIN CODE
Situation previous to the Triggering transaction Resulting situation after the triggering transaction
Number of Shares Number of Voting Rights viii Number of shares Number of voting rights ix % of voting rights
Direct Direct  x Indirect xi Direct Indirect
GB00B0P66Q02 0 0 14,500,000   14,500,000   10.385%

B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial instrument Expiration date xiii Exercise/ Conversion  Period/ Date xiv Number of voting rights that may be acquired if the instrument is exercised/ converted. % of voting rights
         

Total (A+B)
Number of voting rights % of voting rights
14,500,000 10.385%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:
 

Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold: N/A
12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional information:  
14. Contact name: Andrew Lee, Finance Director
15. Contact telephone number: +44 (0) 1954 234 400

 

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