Directorate Change

May 15, 2017

 

cloudBuy plc

("cloudBuy" or the "Company")

Directorate Change

cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, announces that Jonny Holden, Chief Operating Officer, will leave by mutual consent on 11 August 2017 after a structured handover. As part of this transition, David Gibbon, the current Chief Financial Officer, will take on the additional responsibilities of Chief Operating Officer.

Ronald Duncan Chairman commented

“Jonny has been instrumental in developing our relationship with VISA and associated banks who have been a productive source of revenue and sales leads. He leaves with our best wishes having indicated a desire to return to a career in Financial Services.”

 

For further information, please contact:

cloudBuy plc

David Gibbon, CFO

Tel: 0118 963 7000

 

Arden Partners plc – NOMAD and broker

Tel: 020 7614 5900

William Vandyk / Patrick Caulfield

 

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