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Cloudbuy PLC - Director dealing

RNS Number : 5094Z
Cloudbuy PLC
10 January 2020
 

10 January 2020

 

 

cloudBuy PLC

("Cloudbuy" or the "Company")

 

Director Dealing

 

cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, was notified on 10 January 2020, that Lyn Duncan, Chief Executive Officer and Ronald Duncan, Chairman sold 11,131,874 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at an average price of  0.414p per Ordinary Share.

Following the transaction, joint interest of Lyn Duncan and Ronald Duncan in the Company is reduced to 7,156,107 Ordinary Shares, representing 5.49 per cent. of the Company's current issued share capital. 








 

For further information, please contact:

cloudBuy plc

David Gibbon, CFO & COO

 

Tel: 0118 963 7000

 

 

Arden Partners plc - NOMAD and broker

Tel: 020 7614 5900

Paul Shackleton / Daniel Gee-Summons- Corporate Finance

Simon Johnson - Corporate Broking

 


 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ronald Duncan

 

2

Reason for the notification

a)

Position/status

Chairman

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

cloudBuy plc

b)

LEI

213800ICM65O8C9P8A96

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 Identification code

Ordinary shares of 1p

 

Identification code (ISIN) for cloudBuy plc ordinary shares: GB00B09Y8Y28

b)

Nature of the transaction

Sale of Shares

c)

Price(s) and volume(s)

Sale

6,980,354 at 0.40p

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

10 January 2020

f)

Place of the transaction

London Stock Exchange, (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lyn Duncan

 

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

cloudBuy plc

b)

LEI

213800ICM65O8C9P8A96

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 Identification code

Ordinary shares of 1p

 

Identification code (ISIN) for cloudBuy plc ordinary shares: GB00B09Y8Y28

b)

Nature of the transaction

Sale of Shares

c)

Price(s) and volume(s)

Sale

4,141,520 at 0.43p

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

10 January 2020

f)

Place of the transaction

London Stock Exchange, (XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Price: -

Market: AIM
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