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 state Yes/No): ( )
| 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:
Allianz SE
4. Full name of shareholder(s) (if different from 3.):
Allianz Insurance plc
5. Date of the transaction and date on which the threshold is crossed or reached if different):
30 April 2008
6. Date on which issuer notified:
02 May 2008
7. Threshold(s) that is/are crossed or reached:
3%
8. Notified details:
A: Voting rights attached to shares
| Class/type of shares if possible using the ISIN CODE |
Situation previous to Resulting situation after the triggering transaction 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 | 1,600,000 | 1,600,000 | 4,477,295 | 4,477,295 | 3.206% | ||
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 right | % of voting rights |
| 4,447,295 | 3.206% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:
Allianz SE is the ultimate holding company of Allianz Insurance plc. Dresdner Kleinwort Group Limited is a subsidiary of Dresdner Bank, AG ("Dresdner"). Dresdner is a direct subsidiary of Allianz Finanzbetreiligungs GmbH ("Allianz Finanz"), which is itself a direct subsidiary of Allianz SE.
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:
General email contact: shareholderdisclosures@gs.com
| 14. | Contact name: | Andrew Lee, Finance Director |
| 15. | Contact telephone number: | +44 (0) 1954 234 400 |