10 Jan 2020 17:47
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) |