31 Jan 2017 07:00
31 January 2017
CloudCall Group plc
("CloudCall" or the "Company")
Holdings in Company
CloudCall (AIM: CALL), a leading cloud-based software business that integrates voice communications into Customer Relationship Management (CRM) platforms, announces that 1,271,561 ordinary shares in the Company held by a former director, Mark Seemann, were successfully placed with two new institutional investors on 27 January 2017. Following this sale, Mr Seemann no longer holds a notifiable interest in the Company.
The full TR-1 notification in relation to Mark Seemann's holdings in CloudCall appears in the appendix to this announcement below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | |||||||||||||||||
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | CloudCall Group plc | ||||||||||||||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||||||||||||||
An acquisition or disposal of voting rights | x | ||||||||||||||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to thenotification obligation: | Mark Seemann | ||||||||||||||||
4. Full name of shareholder(s) (if different from 3.): | N/A | ||||||||||||||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 27 January 2017 | ||||||||||||||||
6. Date on which issuer notified: | 30 January 2017 | ||||||||||||||||
7. Threshold(s) that is/are crossed orreached: | Less than 3% | ||||||||||||||||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights | |||||||||||||
Direct | Direct | Indirect | Direct | Indirect | |||||||||||||
| 1,367,883 | 1,367,883 | 96,322 | 96,322 |
| 0.48% |
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GB00B4XS5145 | |||||||||||||||||
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B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate | Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to
| % of voting rights
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| Nominal | Delta | ||||||||||||||
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Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
96,322 | 0.48% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||
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Proxy Voting: | ||
10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will ceaseto hold: |
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12. Date on which proxy holder will cease to holdvoting rights: |
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13. Additional information: |
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14. Contact name: | Mark Seemann | |
15. Contact telephone number: |
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For further information, please contact:
Simon Cleaver | CloudCall Group plc | +44 (0)20 3587 7188
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Stephen Keys / Callum Davidson / Alex Aylen
| Cenkos Securities (Nominated Adviser and Broker)
| +44 (0)20 7397 8900 |
Ben Simons / Jeremy Garcia / Fiona Henson | Vigo Communications | +44 (0)20 7830 9701 |
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 manage their voice communications more effectively.
The CloudCall suite of products allows companies to fully integrate their telephony systems into their existing customer relationship management (CRM) software, enabling calls to be made, recorded, logged and categorised from within the CRM system with detailed activity reports capable of being easily generated.
As at 30 June 2016, CloudCall had approximately 750 customers, equating to approximately 13,300 users. The Company will update its customer and user numbers when it publishes full accounts later in the year.