Director Dealing

RNS Number : 6313V
Cloudbuy PLC
29 October 2014

cloudBuy plc
("cloudBuy" or the "Company")

Director dealing

cloudBuy plc (AIM: CBUY), the cloud eCommerce marketplace, was notified yesterday that Lyn Duncan, Chief Executive Officer, yesterday transferred 97,757 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at a price of 40.97p per Ordinary Share from her direct holding in the Company to her SiPP.

Following the transaction, Lyn and Ronald Duncan and associated family's holding in the Company remains at 21,048,624 Ordinary Shares, representing 17.55 per cent. of the Company's current issued share capital.

ENDS
 

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About cloudBuy PLC

cloudBuy, formerly @UK, is a world-leading transactional cloud platform.

cloudBuy has used the platform to build world-leading business to business (B2B) ecommerce and e-procurement applications, which address the full range of buying and selling activities in an easy-to-use web and mobile digital experience.  The platform is also used to build complementary applications such as content management, secure email and big data analysis.

To date, the applications have processed over $500 billion of spend, and are being used by leading organisations around the world to deliver savings, increase profits and improve services.

The applications are unique in delivering correct pricing in the complex world of B2B procurement, whilst being simple enough for anyone to use - to the extent that people with disabilities can easily use a Care marketplace version to buy their own social and health care.

For more information, visit www.cloudbuy.com

This information is provided by RNS
The company news service from the London Stock Exchange

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