Result of GM and Total Voting Rights
RNS Number : 4335Q
14 October 2013
@UK plc ("@UK" or the "Company")
Result of General Meeting and Total Voting Rights
@UK plc (AIM: ATUK) the cloud eCommerce marketplace, announces that at its General Meeting held earlier today, the resolutions as set out in the Circular sent to shareholders on 25 September 2013 in reference to the Second Firm Placing and Open Offer which has raised £2.0 million were duly passed.
Defined terms used in this announcement shall have the same meaning as those terms defined and used in the Company's Circular dated 25 September 2013.
In addition, the Company wishes to clarify that following Admission of the Open Offer Shares to trading on AIM which is expected to become effective at 8.00 a.m, on Tuesday 15 October 2013, the Company will have 100,967,511 Ordinary Shares in issue. This figure of 100,967,511 may be used by shareholders 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 Company, under the Disclosure and Transparency Rules.
For further information:
@UK PLC Tel: 0118 963 7000
Ronald Duncan, Chairman
Westhouse Securities Limited Tel: 020 7601 6100
Tom Griffiths/Richard Johnson
Newgate Threadneedle Tel 020 7653 9850
Caroline Evans-Jones/Alex White
About @UK PLC
@UK is Europe's leading transactional Cloud Platform with over 1 million users. The platform supports B2B eCommerce and eProcurement across a range of public and private sector organisations providing a secure, controlled transactional environment for B2B trading. The technology is unique in the B2B market, in that it delivers the B2C internet shopping experience in a business environment. The platform has been rebranded to cloudBuy.com for global expansion with Visa and partner banks. The platform is PCI DSS accredited, providing secure, integrated financial transactional capability, delivering savings to both the buyer and the supplier through greater accounts payables accuracy, reduction of manual processes and elimination of paper.
@UK provides an immediate business case using SpendInsight. SpendInsight was developed to recognize, match and classify products and services, providing buyers with greater visibility to spend data, and supports the identification of cashable savings, through unique product level matching artificial intelligence. The output from this is then passed to the Visa member bank, for analysis by Visa to identify which suppliers accept card payments currently and compute the potential card rebate to fund the B2B ecommerce platform.
For more information, visit www.cloudbuy.com
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