|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Cloudtag||LSE:CTAG||London||Ordinary Share||KYG2215A1076||ORD 0.1P (DI)|
|Price Change||% Change||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
|Technology Hardware & Equipment||0.0||-1.3||-0.7||-||21.41|
CloudTag Inc. Further re Tranche 2 Notes
UK Regulatory (RNS & others)
RNS Number : 1263T
03 January 2017
3 January 2017
("CloudTag" or the "Company")
Notice of drawdown issued in respect of second part of the Tranche 2 Notes
CloudTag (CTAG:LN), the company that brings personal monitoring to the wellbeing, fitness and digital health markets, confirms that after business hours on 30 December 2016 it issued to L1 a Notice of Drawdown for the remainder of the second part of the Tranche 2 Notes being GBP1 million of nominal value of which the Company expects to receive GBP850,000 net of expenses. Under the terms of the Notes, 2 business days' notice is required prior to the funds being due to the Company following which the Notes will be issued to L1. A further announcement will be made when the funds are received and the Notes issued.
Definitions used in this notification are taken from the Company's announcement dated 7 November 2016 and the Company's circular to shareholders dated 24 November 2016.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
CloudTag Inc. +1 345 949 45 44 Amit Ben-Haim / Tony Reeves [email protected] UK Investor Relations +44 (0) 20 7052 8469 [email protected] Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray / Jo Turner +44 (0) 20 7213 0880
This information is provided by RNS
The company news service from the London Stock Exchange
(END) Dow Jones Newswires
January 03, 2017 02:00 ET (07:00 GMT)
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