2nd Sep 2015 16:45
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 Ronald Duncan, Executive Chairman David Gibbon, CFO |
Tel: 0118 963 7000 |
Westhouse Securities Limited Tom Griffiths/Richard Johnson |
Tel: 020 7601 6100 |
Alma PR Josh Royston |
Tel: 07780 901 979 |
Hilary Buchanan | Tel: 07515 805 218 |
Related Shares:
CBUY.L