Cloudbuy PLC Further re Director's dealing (9035X)

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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