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Directors' shareholdings

Mar 05, 2015

RNS Number : 6791G
Cloudbuy PLC
05 March 2015

cloudBuy plc ("the Company")

Directors' shareholdings

The Company announces that it was notified on 4 March 2015 that, on 22 August 2013, the administrators of Lyn Duncan's SIPP executed an automated sale of 643 ordinary shares of 1 pence each ("Shares") at 32.55p per Share, in order to cover administrative fees.

The current interests of Ronald Duncan, Chairman, and Lyn Duncan, Chief Executive Officer, therefore comprise:

Ronald Duncan (sole beneficial interest):                     11,432,674 Shares (9.4%)

Lyn Duncan (sole beneficial interest):                           4,305,355 Shares (3.6%)

Ronald and Lyn Duncan (joint beneficial interest):        4,874,952 Shares (4.0%)

Total                                                                               20,612,981 Shares (17.0%)

In addition, Ronald and Lyn Duncan jointly hold 2,053,836 warrants to subscribe for Shares, and each hold 782,867 options over Shares.

For further information, please contact:

cloudBuy plc

Ronald Duncan, Chairman

Tel: 0118 963 7000

Westhouse Securities Limited

Tom Griffiths/Richard Johnson

 

Tel: 020 7601 6100

Newgate

Robyn McConnachie/Tim Thompson/Lois Engstrand

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

This information is provided by RNS

The company news service from the London Stock Exchange

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