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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cloudbuy Plc | LSE:CBUY | London | Ordinary Share | GB00B09Y8Y28 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.15 | 0.10 | 0.20 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCBUY
RNS Number : 3942D
Cloudbuy PLC
27 April 2017
27 April 2017
cloudBuy plc
("cloudBuy" or the "Company")
Second Interest Payment
cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, announces that pursuant to the Financing announced on 24 March 2016 (as defined therein), the second interest payment to be made to Roberto Sella has fallen due, and in accordance with the terms of the interest bearing loan note instrument dated 8 April 2016, has issued 17,529 convertible and 30,787 non-convertible loan notes of GBP1 each to Robert Sella.
As at 27 April 2017, following the issue of these notes, Roberto Sella held the following convertible and non-convertible loan notes:
Convertible Non-convertible loan notes loan notes Roberto Sella 3,668,506 692,360
The following details are required to be disclosed to comply with the conditions of The Takeover Code pursuant to the Financing. 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.
As at 27 April 2017, the holdings of Roberto Sella and Mike Pasternak are as follows:
Shareholder Interest in issued share Percentage interest in Total interest on the Percentage capital on 27 April 2017 issued share capital on 27 basis that the full total interest April 2017 GBP5,750,000 loan is on the basis utilised and all that the full potential GBP5,750,000 Convertible Loan loan is utilised Securities are converted and all potential Convertible Loan Securities are converted Roberto Sella 14,700,000 11.27% 88,521,777 42.74% Mike Pasternak 2,150,000 1.65% 2,150,000 1.06% Total 16,850,000 12.92% 90,671,777 43.80%
For further information, please contact:
cloudBuy plc David Gibbon, CFO Tel: 0118 963 7000 Arden Partners plc - Tel: 020 7614 5900 NOMAD and broker Steve Douglas / 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 .
This information is provided by RNS
The company news service from the London Stock Exchange
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April 27, 2017 02:00 ET (06:00 GMT)
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