("cloudBuy" or "The Company")
Result of General Meeting
Approval of waiver of obligations under Rule 9 of the City Code on Takeovers and Mergers
cloudBuy plc announces that at the General Meeting of the Company held today, all resolutions, including the approval on a poll of the waiver under Rule 9 of the City Code on Takeover and Mergers were passed. The holdings of Roberto Sella and Mike Pasternak are as follows:
|Shareholder||Interest in issued share capital on the date of the meeting||Percentage interest in issued share capital on the date of the meeting||Total interest on the basis that the full £5,750,000 loan is utilised and all potential Convertible Loan Securities are converted||Percentage total interest on the basis that the full £5,750,000 loan is utilised and all potential Convertible Loan Securities are converted|
* Mike Pasternak who is a director of cloudBuy is deemed to be acting in concert with Roberto Sella for the purposes of the Takeover Code.
For further information, please contact:
David Gibbon, CFO
Tel: 0118 963 7000
Arden Partners plc - NOMAD and broker
James Felix / Patrick Caulfield
Tel: 020 7614 5900
Josh Royston / Hilary Buchanan
Tel: 020 8004 4218
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 e-marketplaces and private purchasing portals around the world, powered by cloudBuy e-commerce 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