RNS Number : 5945E
11 April 2014
("cloudBuy" or the "Company")
ISSUE OF EQUITY
TOTAL VOTING RIGHTS
cloudBuy plc (AIM: CBUY), the cloud eCommerce marketplace, announces the issue of 428,448 new ordinary shares of 1p each in the Company ("Shares") pursuant to an exercise of warrants to subscribe for Shares at 2p per Share.
Application will be made for the admission to trading on AIM ("Admission") of the 428,448 new Shares detailed above, and Admission is expected to occur on 17April 2014. Following Admission, the Company shall have 109,913,990 Ordinary Shares in issue, each with voting rights (which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules).
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
This information is provided by RNS
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