Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCloudtag Inc Regulatory News (CTAG)

  • There is currently no data for CTAG

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Fundraise of £60,000

Tue, 5th Apr 2016 18:01

RNS Number : 2675U
CloudTag Inc.
05 April 2016

5 April 2016

CloudTag Inc.

('CloudTag' or 'the Company')

Fundraise of £60,000

CloudTag (CTAG:LN), the company that brings personal monitoring to the health, wellbeing and fitness markets, announces that it has raised a further £60,000 through the issue of 1,875,000 new ordinary shares ("Shares") at a price of 3.2 pence per share. The Company has also issued 3,750,000 new ordinary shares at a price of 3.2 pence per share in settlement of fees totaling £120,000 due to third party consultants ("Fee Shares").

Application will be made for the admission of the Shares and Fee Shares to trading on AIM and it is expected that dealings in the Shares will commence on or around 11 April 2016. The Shares will rank pari passu with the Company's existing ordinary shares.

Following the issue of the Shares, the tota-l number of ordinary shares in issue is 269,891,964. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

END

Enquiries

CloudTag Inc.

Amit Ben-Haim / Jamie Bligh

+1 345 949 45 44

contact@cloudtag.com

Cairn Financial Advisers LLP (Nominated Adviser)

Tony Rawlinson

+44 (0) 20 7148 7900

Whitman Howard Limited (Broker)

Ranald McGregor-Smith

+44 (0) 20 7659 1234

Tavistock Communications Limited (Financial PR)

Mike Bartlett / Andrew Dunn

+44 (0) 20 7920 3150

This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSSDFIIFMSELL
Date   Source Headline
9th Dec 20165:48 pmRNSConversion of £1.15 million Loan Notes
5th Dec 20163:24 pmRNSMovement in Share Price
28th Nov 20167:00 amRNSAmendment to Funding Agreement
24th Nov 20167:00 amRNSPosting of Circular
23rd Nov 20167:00 amRNSConversion of £600,000 Loan Notes

Login to your account

Don't have an account? Click here to register.