Cloudbuy PLC Director dealing (5094Z)

TIDMCBUY

RNS Number : 5094Z

Cloudbuy PLC

10 January 2020

10 January 2020

cloudBuy PLC

("Cloudbuy" or the "Company")

Director Dealing

cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, was notified on 10 January 2020, that Lyn Duncan, Chief Executive Officer and Ronald Duncan, Chairman sold 11,131,874 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at an average price of 0.414p per Ordinary Share.

Following the transaction, joint interest of Lyn Duncan and Ronald Duncan in the Company is reduced to 7,156,107 Ordinary Shares, representing 5.49 per cent. of the Company's current issued share capital.

For further information, please contact:

 
  cloudBuy plc 
   David Gibbon, CFO & COO                            Tel: [phone] 
 
  Arden Partners plc - NOMAD and broker              Tel: [phone] 
  Paul Shackleton / Daniel Gee-Summons- Corporate 
   Finance 
   Simon Johnson - Corporate Broking 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Ronald Duncan 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Chairman 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        cloudBuy plc 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ICM65O8C9P8A96 
     --------------------------  ----------------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     --------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p 
       financial instrument, 
       type of instrument          Identification code (ISIN) for cloudBuy 
       Identification code         plc ordinary shares: GB00B09Y8Y28 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Sale of Shares 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Sale 
                                   6,980,354 at 0.40p 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
       - Aggregated volume 
       - Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     10 January 2020 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, (XLON) 
     --------------------------  ----------------------------------------- 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
     --------------------------------------------------------------------- 
 a)   Name                        Lyn Duncan 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Chief Executive Officer 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        cloudBuy plc 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800ICM65O8C9P8A96 
     --------------------------  ----------------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     --------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p 
       financial instrument, 
       type of instrument          Identification code (ISIN) for cloudBuy 
       Identification code         plc ordinary shares: GB00B09Y8Y28 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Sale of Shares 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Sale 
                                   4,141,520 at 0.43p 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
       - Aggregated volume 
       - Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     10 January 2020 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, (XLON) 
     --------------------------  ----------------------------------------- 
 

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January 10, 2020 12:47 ET (17:47 GMT)