Were all the convertible loan notes issued to Roberto Sella converted, he would have a 42.9% stake in the company.
cloudBuy PLC (), the global provider of cloud-based eCommerce marketplaces, has drawn down the final £1.48mln of its £5.75mln loan note financing.
The draw-down necessitated the issue of 535,462 convertible and 940,238 non-convertible loan notes of £1 each to Robert Sella.
In the event that all the convertible loan notes issued to Roberto Sella are converted, he would have a 42.9% stake in the company.
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