RE: 3 x 1 Million2 Sep 2015 17:54
RNS just now
cloudBuy plc
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.