LSE Regulatory News MORE NEWS

Director/PDMR Shareholding
Sep 20, 2017
cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, announces that Ronald and Lyn Duncan, directors of the Company, have transferred for nil consideration a total of 2,053,836 Warrants to family members, they have also undertaken to pay any tax arising from the transfer or exercise of the Warrants.
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Interim Results for the six months ended 30 June 2017
Aug 16, 2017
cloudBuy plc (AIM: CBUY), the global provider of cloud-based ecommerce marketplaces and B2B buyer and supplier solutions, today announces its unaudited interim results for the six months ended 30 June 2017.
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NOTIFICATION OF MAJOR INTEREST IN SHARES
Aug 01, 2017
cloudBuy plc, the global provider of cloud-based e-commerce marketplaces and B2B buyer and supplier solutions, today provides an notifications of major interests in shares
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NOTIFICATION OF MAJOR INTEREST IN SHARES
Aug 01, 2017
cloudBuy plc, the global provider of cloud-based e-commerce marketplaces and B2B buyer and supplier solutions, today provides an notifications of major interests in shares
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NOTIFICATION OF MAJOR INTEREST IN SHARES
Jun 22, 2017
cloudBuy plc, the global provider of cloud-based e-commerce marketplaces and B2B buyer and supplier solutions, today provides an notifications of major interests in shares
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£1m Loan Drawn Down

Dec 02, 2016

 

cloudBuy plc

("cloudBuy" or the "Company")

£1m Loan Drawn Down

cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, announces that pursuant to the Financing announced on 24 March 2016 (as defined therein), a further £1m of the total £5.75m funds available has been drawn down under the interest bearing loan note instrument dated 8 April 2016 (the “Agreement”). In accordance with the terms of the Agreement, the Company has issued 362,800 convertible and 637,200 non-convertible loan notes of £1 each to Robert Sella.

As at 2 December 2016, following the issue of these notes, Roberto Sella held the following non-convertible and convertible loan notes of £1 each:

Convertible Loan Notes Loan Notes Total
3,650,977 661,573 4,312,550

A further £1,437,450 is available under the Agreement which can be utilised in the future.

The following details are required to be disclosed to comply with the conditions of The Takeover Code pursuant to the Financing. Mike Pasternak who is a director of cloudBuy is deemed to be acting in concert with Roberto Sella for the purposes of the Takeover Code.

As at 2 December 2016, the holdings of Roberto Sella and Mike Pasternak are as follows:

 Shareholder

Interest in issued share capital on 2 December 2016

Percentage interest in issued share capital on  2 December 2016

Total interest on the  basis that the full £5,750,000 loan is utilised and all potential Convertible Loan Securities are converted

Percentage total interest on the basis that the full £5,750,000 loan is utilised and all potential Convertible Loan Securities are converted

Roberto Sella

14,700,000

11.27%

88,521,777

42.74%

Mike Pasternak

2,150,000

1.65%

2,150,000

1.06%

Total

16,850,000

12.92%

90,671,777

43.80%

 

The Company intends to issue a trading update before the end of the year.

For further information, please contact:

cloudBuy plc

David Gibbon, CFO

 

Tel: 0118 963 7000

 

 

Arden Partners plc – NOMAD and broker

Tel: 020 7614 5900

James Felix / Patrick Caulfield

 

 

 

Alma PR

 

Josh Royston / Hilary Buchanan

Tel: 020 8004 4218

 

 

About cloudBuy plc

cloudBuy, (AIM: CBUY), provides cloud solutions for buyers and sellers – and brings them together to trade securely and ethically via an increasing number of public eMarketplaces and private purchasing portals around the world, powered by cloudBuy technology. cloudBuy solutions for buyers help B2B purchasers understand and control their spend, to reduce costs and increase value. Our cloudSell solutions enable sellers of all sizes, from startups to corporates, reach new customers and grow their business.

cloudBuy’s technology platform powers web sites, public marketplaces and private purchasing portals that enable all types of online interactions and relationships including, citizen and business to government; consumer to business; and business to business.

For more information, visit: www.cloudbuy.com