Inactive Instrument

CloudBuy plc

Equities

GB00B09Y8Y28

CloudBuy plc announced that it expects to receive £3.4 million in funding

December 07, 2017

CloudBuy plc (AIM:CBUY) announced a private placement of 3,400,000 convertible loan notes at a price of £1 par value each for aggregate gross proceeds of £3.4 million on December 8, 2017. The notes carry an interest rate of 2.33% annually. The notes are convertible into cash or common shares at a price of £0.02 per share. Following the closing, the capital of the company will increase to 63.34%. The transaction will include participation from existing individual investor Roberto Sella. The transaction will take place in tranches. The company will issue 1,700,000 loan notes in its first tranche close, subjected to approval from the shareholders of the company to be received by December 31, 2017.

Latest news about CloudBuy plc

Sparkrock Announces Exclusive Partnership to Distribute UK cloudBuy's Purchasing Portal to Education Organizations in Canada	19-12-10	CI
Cloudbuy plc Reports Earnings Results for the Half Year Ended June 30, 2019	19-08-21	CI
Stanley Davis Group Limited signed a definitive agreement to acquire the Company Formations Business from CloudBuy plc for £0.28 million.	19-03-27	CI
Cloudbuy plc Announces Board Changes	19-03-20	CI
CloudBuy PLC Announces Audited Group Earnings Results for the Year Ended December 31, 2018; Provides Revenue Guidance for the Year 2019	19-03-20	CI
Cloudbuy plc Announces Earnings Results for the Year Ended 31 December 2018	19-02-08	CI
CloudBuy plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2018; Provides Earnings Guidance for the Second Half of 2018	18-08-22	CI
CloudBuy plc Announces Audited Group Earnings Results and Company Cash Flows Results for the Year Ended December 31, 2017	18-03-16	CI
CloudBuy plc Provides Earnings Guidance for the Year Ended December 31, 2017	18-01-24	CI
CloudBuy plc announced that it has received £1.7 million in funding	17-12-26	CI
CloudBuy plc announced that it expects to receive £3.4 million in funding	17-12-07	CI
CloudBuy plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended 30 June 2017; Provides Earnings Guidance for the Fiscal 2017	17-08-16	CI
CloudBuy plc announced that it has received £5.84 million in funding	17-05-24	CI
CloudBuy plc Announces Directorate Change	17-05-15	CI
CloudBuy PLC Announces Group Earnings Results and Company Cash Flows Results for the Year Ended December 31, 2016	17-03-22	CI
CloudBuy plc Provides Revenue Guidance for the Year Ending December 31, 2016	16-12-21	CI
CloudBuy PLC Wins GBP 52 Million Multiple Awardees Contract for Peppol Access Point Services	16-12-06	CI
United Overseas Bank Signs an Agreement with CloudBuy	16-10-13	CI
CloudBuy Signs Agreement with UOB	16-10-13	CI
Cloudbuy plc Signs Contract with FSB to Deliver a New Online Marketplace for FSB Members	16-08-24	CI
Cloudbuy plc Reports Consolidated Unaudited Earnings Results for the Year Ended June 30, 2016	16-08-12	CI
CloudBuy Signs Contract with University of Exeter	16-07-21	CI
CloudBuy PLC Announces Group Earnings Results and Company Cash Flows Results for the Year Ended December 31, 2015	16-06-28	CI
CloudBuy plc Signs Contract with HealthShare NSW in Australia to Supply its SpendInsight Solution	16-04-19	CI
CloudBuy plc announced that it expects to receive £5.75 million in funding	16-03-23	CI

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Company Profile

cloudBuy plc is a provider of an integrated software platform for e-procurement and e-commerce for the trading of goods and services between purchasers, such as public sector bodies and their suppliers, along with the analysis and coding of spend and product data. The Company's operating segments include Company Formation Services, Web and ecommerce services and Coding International Limited. It also provides services to new businesses, including incorporation, company secretary services and filing annual returns, using its software platform. Its solutions include e-commerce Marketplaces, e-commerce Websites, Purchasing Portals, SpendInsight and Company formations. SpendInsight service provides regular analysis of any company's historical spend data. It offers a range of Website packages from templated solutions to Intranets and global business-to-business (B2B) e-commerce sites. The cloudBuy platform enables rapid extension of its solutions and development of new applications.

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