("cloudBuy" or the "Company")
cloudBuy plc (AIM: CBUY), the global provider of cloud-based e-commerce marketplaces and B2B buyer and supplier solutions, announces that it has been notified that yesterday Patrick Broughton, Non-Executive Director of the Company, purchased 100,000 ordinary shares of 1 pence each in the Company at prices between 24.5 and 25 pence per share.
Following the purchase, Mr Broughton has a notifiable beneficial interest in 770,909 ordinary shares in the Company, representing 0.625 per cent of the Company's issued share capital.
For further information, please contact:
Ronald Duncan, Executive Chairman
Tel: 0118 963 7000
Westhouse Securities Limited
Tom Griffiths/Richard Johnson
Tel: 020 7601 6100
About cloudBuy PLCcloudBuy, formerly @UK, is the world's leading transactional Cloud Platform.
cloudBuy has used the platform to build the world leading B2B ecommerce and eprocurement applications which address the full range of buying and selling activities, in an easy to use web and mobile experience. Along with other cloud based applications including Content Management, email and big data analysis.The applications have already managed over $ 500 billion of spend and are being used by leading organisations around the world to deliver savings and improved services.
The applications are unique in delivering correct pricing in the complex world of B2B whilst being easy enough to use that the people with difficulties can use the system to buy their own social and health care.For more information, visit www.cloudbuy.com