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Scheme document published for the £36.5 million recommended cash acquisition of CyanConnode by Esyasoft

August 2026

CyanConnode Holdings Plc is an LSE AIM listed world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.

With a wealth of expertise and experience in smart technology, the Group provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency and save energy.

Esyasoft Holding Ltd is a Dubai-based energy technology group, founded in 2014, focused on the digitalisation and modernisation of energy and utility infrastructure. It operates internationally and is particularly strong in smart metering, smart grids, IoT, AI and energy-management technology.

On 31 July 2026, the boards of Esyasoft and CyanConnode announced that they had reached agreement on the terms and conditions of a recommended cash offer for the entire issued and to be issued ordinary share capital of CyanConnode. Thee Acquisition will be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act.

 

Publication of Scheme document

 The Perivan shareholder communications team was delighted to work with Strand Hanson who acted as Sole Financial Adviser and Nominated Adviser and Fladgate who acted as Legal Adviser to CyanConnode on the Scheme and associated documents, which were successfully published and posted to qualifying shareholders on 10 August 2026.

For further information, click here.

 

Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.