CyanConnode shareholders approve Esyasoft acquisition scheme
CyanConnode Holdings PLC has received shareholder approval for its acquisition by Esyasoft Technologies UK Limited. At the Court Meeting, 96.77% of voting Scheme Shareholders backed the resolution, representing 257,118,928 shares. The acquisition, announced on July 31, 2026, is structured as an all-cash offer for CyanConnode’s entire issued and to be issued ordinary share capital.
The transaction will be implemented through a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. The sanction hearing is set for September 10, 2026, with the acquisition expected to become effective on September 14, 2026.
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