23rd Dec 2014 12:31
23 December 2014
CloudTag Inc.
("CloudTag" or "the Company")
Result of General Meeting
Issue of Equity
CloudTag (AIM: CTAG), which develops personal performance monitoring for the professional sports and consumer wellbeing markets, is pleased to announce that, at the general meeting of the Company held earlier today, all resolutions were duly passed.
Accordingly, as set out in the notice of general meeting circular sent to shareholders on 4 December 2014, the Company has today issued 6,666,667 new ordinary shares in the Company to Amit Ben-Haim by way of capitalisation of fees and commissions owing to him at an issue price of 3.75 pence per share. Application will be made to the London Stock Exchange for these new ordinary shares to be admitted to trading on AIM and it is expected that dealings in these shares will commence on or around 31 December 2014.
Following the issue of equity, the issued share capital of the Company comprises 165,900,836 ordinary shares of 0.1 pence each.
Enquiries:
CloudTag Inc. | +44 (0) 20 3740 7464 |
Andy Jackson / Jamie Bligh
| |
Cairn Financial Advisers LLP | +44 (0) 20 7148 7900 |
Avi Robinson / Paul Trendell
| |
Gable Communications Limited | +44 (0) 20 7193 7463 |
John Bick / Justine James | +44 (0) 7872 061 007 |
Related Shares:
Cloudtag Inc