Cloudbuy PLC Further re Director's dealing (9035X)
September 02 2015 - 11:45AM
UK Regulatory
TIDMCBUY
RNS Number : 9035X
Cloudbuy PLC
02 September 2015
cloudBuy plc
("cloudBuy" or "The Company")
Further re Director dealing
Further to the Company's announcements of 12 November 2014 and
27 November 2014, Ronald Duncan, Chairman of the Company, has
notified the Company that he has agreed with Equities First
Holdings LLC ("EFH") to provide cash cover to satisfy today's
margin call event due to the average closing share price of the
Company over the past 3 business days falling below 19.57p. The
share sale and repurchase agreement between EFH, Mr Duncan and the
Company dated 27 October 2014 remains in effect and Mr Duncan's
interests in the Company's issued share capital are unchanged by
the margin call event.
cloudBuy plc Tel: 0118 963
Ronald Duncan, Executive 7000
Chairman
David Gibbon, CFO
Westhouse Securities Tel: 020 7601
Limited 6100
Tom Griffiths/Richard
Johnson
Alma PR Tel: 07780 901
Josh Royston 979
Hilary Buchanan Tel: 07515 805
218
This information is provided by RNS
The company news service from the London Stock Exchange
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