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
  +0.00p +0.00% 2.875p 0.00p 0.00p - - - 0 06:30:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 0.0 -8.3 -3.1 - 12.88

CloudTag Inc. Further re Tranche 2 Notes

03/01/2017 7:00am

UK Regulatory (RNS & others)

Cloudtag (LSE:CTAG)
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1 Year : From Jul 2016 to Jul 2017

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RNS Number : 1263T

CloudTag Inc.

03 January 2017

3 January 2017

CloudTag Inc.

("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 
 UK Investor Relations           +44 (0) 20 7052 8469 
 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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