LSE Regulatory News MORE NEWS

Trading Update for the year ending 31 December 2016
Dec 21, 2016
cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, is pleased to provide an update on trading for the year ending 31 December 2016.
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£1m Loan Drawn Down
Dec 02, 2016
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
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First Interest Payment
Oct 28, 2016
The first interest payment to be made to Roberto Sella has fallen due, and in accordance with the terms of the interest bearing loan note instrument dated 8 April 2016, has issued 13,877 convertible and 24,373 non-convertible loan notes of £1 each to Robert Sella.
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cloudBuy signs agreement with United Overseas Bank (“UOB”) to support accelerating growth into Asia region
Oct 13, 2016
cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, is pleased to announce that it has signed an agreement with UOB a leading bank in Asia, for its marketplace technology to power a new online marketplace for UOB customers.
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cloudBuy signs contract to power new FSB online marketplace
Aug 24, 2016
cloudBuy plc, the global provider of cloud-based ecommerce marketplaces and B2B buyer and supplier solutions, is pleased to announce that it has signed a contract with FSB to deliver a new online marketplace for FSB members.
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Contract Win

Apr 19, 2016

 

cloudBuy plc

("cloudBuy" or "the Company")

Contract Win

cloudBuy plc (AIM: CBUY), the global provider of cloud-based e-commerce marketplaces and B2B buyer and supplier solutions, announces that it has signed a contract with HealthShare NSW in Australia, the service delivery arm of NSW Health. The contract, valued at £332,996 (AUD $621,371), is for an initial three year period with the option to extend for a further two years. Revenue will be recognised over the life of the contract with a small weighting towards the first year and is expected to commence in H1 2016. The contract has been won following an extensive competitive tender process.

Under the terms of the contract, cloudBuy will supply its SpendInsight solution, along with Global benchmarking, professional services, hosting, training and support, to provide the customer with regular analysis of its historical spend data and help identify areas for savings and efficiency improvement.

HealthShare NSW’s mission is to deliver more efficient support services for NSW Health, which in turn is responsible for managing and delivering public health services within the Australian state of New South Wales. On any business day HealthShare NSW procures, picks, packs and delivers around 13,500 stock lines to hospitals and processes 3,200 purchase orders and 7,000 accounts payable invoices.

The agreement was initially referred to in the trading update announced on 24 March 2016 when cloudBuy had been selected and this announcement confirms the signing of the contract.

Lyn Duncan, cloudBuy CEO, said, “We are pleased to secure this key Australian client, demonstrating our growing credentials in this market. HealthShare NSW is Australia’s largest public sector shared services provider. cloudBuy’s SpendInsight solution will be used to analyse their spending to help them identify the areas of the organisation, products, suppliers and contracts on which to focus on to gain the greatest or fastest savings and efficiencies.”

 

For further information, please contact:

cloudBuy plc Tel: 0118 963 7000
David Gibbon, CFO  
   
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 e-marketplaces and private purchasing portals around the world, powered by cloudBuy e-commerce 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  

Twitter: @cloudbuyplc

 

About HealthShare NSW

HealthShare NSW is the service delivery arm of NSW Health. It provides services such as finance, payroll, workforce, warehousing and procurement, food, hotel, linen, non-emergency patient transport and equipment for people with a disability to NSW public health agencies. 

HealthShare NSW are 'People helping people deliver excellent healthcare'. Its team of 6,400 employees support a health workforce of about 140,000 – who in turn care for more than one million patients per year. This makes it Australia’s largest public sector shared services provider. 
 

For more information visit: www.healthshare.nsw.gov.au