Cloudcall Group PLC Further re. Placing (8816X)
November 29 2017 - 9:12AM
UK Regulatory
TIDMCALL
RNS Number : 8816X
Cloudcall Group PLC
29 November 2017
29 November 2017
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
CloudCall Group plc
("CloudCall" or the "Company")
Further Re. Placing
CloudCall (AIM: CALL), a leading cloud-based software business
that integrates voice communications into CRM platforms, reports
that further to its announcement on 17 October 2017 regarding a
placing to raise up to GBP5.7 million, it has now received advanced
assurance from HMRC confirming the Company qualifies for the
relevant tax reliefs in connection with the VCT/EIS Placing. The
Company will therefore benefit from the receipt of proceeds of
approximately GBP2.2 million, in connection with the VCT/EIS
Placing.
An application will be made for the VCT/EIS Placing Shares to be
admitted to trading on AIM ("Admission") and it is expected that
Admission will occur on 8 December 2017. Following Admission the
Company will have 24,069,504 ordinary shares of 20p each in issue,
admitted to trading on AIM. This figure 24,069,504 may be used by
Shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in the Company.
Unless otherwise defined, capitalised terms in this announcement
shall have the same meaning as those defined in the Circular to
shareholders detailing the Firm Placing and VCT/EIS Placing, dated
17 October 2017.
For further information, please contact:
CloudCall +44 (0)20
Simon Cleaver Group plc 3587 7188
Cenkos Securities
(Nominated
Adviser and +44 (0)20
Stephen Keys/Callum Davidson Broker) 7397 8900
Ben Simons / Jeremy Garcia +44 (0)20
/ Fiona Henson Vigo Communications 7830 9704
About CloudCall Group Plc
CloudCall is a software and unified communications business that
has developed and provides a suite of cloud-based software and
telephony products and services. CloudCall's products and services
are aimed at enabling organisations to leverage their voice
communications more effectively.
The CloudCall suite of products allows companies to fully
integrate their telephony systems into their existing CRM software,
enabling calls to be made, recorded, logged and categorised from
within the customer relationship management (CRM) system with
detailed activity reports capable of being easily generated.
At the end of June 2017, the Company had approximately 100 staff
based predominantly in Leicester (UK) and Boston (US) and had
approximately 20,200 users.
This information is provided by RNS
The company news service from the London Stock Exchange
END
FURPGGBUGUPMGCB
(END) Dow Jones Newswires
November 29, 2017 09:12 ET (14:12 GMT)
Cloudcall (LSE:CALL)
Historical Stock Chart
From Apr 2024 to May 2024
Cloudcall (LSE:CALL)
Historical Stock Chart
From May 2023 to May 2024