Cloudbuy PLC Result of General Meeting (3811A)
28 December 2017 - 1:10AM
UK Regulatory
TIDMCBUY
RNS Number : 3811A
Cloudbuy PLC
27 December 2017
27 December 2017
cloudBuy plc
("cloudBuy" or "The Company")
Result of General Meeting
Approval of waiver of obligations under Rule 9 of the City Code
on Takeovers and Mergers
cloudBuy plc announces that at the General Meeting of the
Company held today, all resolutions, including the approval on a
poll of the waiver under Rule 9 of the City Code on Takeover and
Mergers were passed. The holdings of Roberto Sella and Mike
Pasternak are as follows:
Shareholder Interest Percentage Total interest Percentage
in issued interest Note 1 total interest
share capital in issued Note 1
on the date share capital
of the meeting on the date
of the meeting
----------------- ---------------- ---------------- --------------- ----------------
Roberto
Sella* 14,700,000 11.27% 301,204,965 72.24%
Mike Pasternak* 2,150,000 1.65% 2,150,000 0.52%
----------------- ---------------- ---------------- --------------- ----------------
Total 16,850,000 12.92% 303,354,965 72.76%
* Mike Pasternak who is a director of cloudBuy is deemed to be
acting in concert with Roberto Sella for the purposes of the
Takeover Code.
Note 1
Assuming all the convertible Loan Notes (including the maximum
number of PIK CLS and New PIK CLS) are converted in full at 6.5p
per share in the case of Existing CLS and 2p per share in the case
of New CLS and there are no further issues of Ordinary Shares.
For further information, please contact:
cloudBuy plc Tel: 0118
David Gibbon, CFO 963 7000
Arden Partners plc - NOMAD and
broker Tel: 020 7614
William Vandyk 5900
About cloudBuy plc
cloudBuy, (AIM: CBUY), provides cloud solutions for buyers and
sellers - and brings them together to trade securely and ethically
via an increasing number of public e-marketplaces and private
purchasing portals around the world, powered by cloudBuy e-commerce
technology.
cloudBuy solutions for buyers help B2B purchasers understand and
control their spend, to reduce costs and increase value. Our
cloudSell solutions enable sellers of all sizes, from startups to
corporates, reach new customers and grow their business.
cloudBuy's technology platform powers web sites, public
marketplaces and private purchasing portals that enable all types
of online interactions and relationships including, citizen and
business to government; consumer to business; and business to
business.
For more information visit: www.cloudbuy.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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