26th Sep 2013 13:08
26 September 2013 | |
@UK PLC
("@UK" or the "Company")
Circular re Placing and Open Offer
and
Notice of General Meeting
Further to its announcement released on 25 September 2013,@UK PLC (AIM:ATUK.L), the cloud ecommerce marketplace, today announces that the circular regarding the Placing and Open Offer, has been posted to shareholders and is available on its website, http://web.uk-plc.net/ukplc-investor-relations/. The circular also contains a notice of a general meeting to be held at 10.30 am on 14 October 2013 at the offices of Steptoe & Johnson, 99 Gresham Street, London EC2V 7NG.
Ends
Enquiries:
@UK PLC Ronald Duncan, Chairman | Tel: 0118 963 7000 |
Westhouse Securities Limited Tom Griffiths/ Richard Johnson | Tel: 020 7601 6100 |
Newgate Threadneedle Caroline Evans-Jones/ Alex White | Tel: 020 7653 9850
|
About @UK PLC
@UK is Europe's leading transactional Cloud Platform with over 1 million users. The platform supports B2B eCommerce and eProcurement across a range of public and private sector organisations providing a secure, controlled transactional environment for B2B trading. The technology is unique in the B2B market, in that it delivers the B2C internet shopping experience in a business environment. The platform has been rebranded to cloudBuy.com for global expansion with Visa and partner banks. The platform is PCI DSS accredited, providing secure, integrated financial transactional capability, delivering savings to both the buyer and the supplier through greater accounts payables accuracy, reduction of manual processes and elimination of paper.
@UK provides an immediate business case using SpendInsight. SpendInsight was developed to recognize, match and classify products and services, providing buyers with greater visibility to spend data, and supports the identification of cashable savings, through unique product level matching artificial intelligence. Combined with Visa analysis to identify the level of potential card rebate to fund the B2B ecommerce platform.
For more information, visit www.cloudbuy.com
Related Shares:
CBUY.L