Cloudbuy PLC Director dealing (5094Z)
January 10 2020 - 12:47PM
UK Regulatory
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: 0118 963 7000
Arden Partners plc - NOMAD and broker Tel: 020 7614 5900
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)
-------------------------- -----------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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