RNS Number : 2413G
2 May 2014
("cloudBuy" or the "Company")
The Company announces that it has been notified that on 2 May 2014, Ronald Duncan, a Director of the Company transferred 145,000 Ordinary Shares of 1 pence each at a price of 42p per Ordinary Share from his direct holdings in the Company to his SiPPs.
Following the transaction, Ronald and Lyn Duncan and associated family's holding in the Company remains at 20,993,624 Ordinary Shares, representing 19.10% of the Company's current issued share capital.
For further information, please contact:
Ronald Duncan, Chairman
Tel: 0118 963 7000
Westhouse Securities Limited
Tom Griffiths/Richard Johnson
Tel: 020 7601 6100
Caroline Forde/Alex White/Robyn McConnachie
Tel 020 7653 9850
About cloudBuy PLC
cloudBuy, 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
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