12th July 2016
CloudTag (CTAG:LN), the company that brings personal monitoring to the wellbeing, fitness and digital health markets, announces that it has issued, in aggregate, 4,324,326 new ordinary shares, at a price of 4.625 pence per share, the mid-market closing price on the previous trading day being the 8th July 2016, in settlement of £200,000 of fees for professional advisory, technical and business development services.
Application for admission of 4,324,326 new ordinary shares to trading on AIM has been made and is expected to occur on or around 15 July 2016. The new ordinary shares will rank equally in all respects with the Company’s existing ordinary shares.
Following this issue, the total number of shares in issue will be 327,672,539. 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.
CloudTag Inc.Amit Ben-Haim
|+1 345 949 45 44
|Cairn Financial Advisers LLP (Nominated Adviser)
Tony Rawlinson / Jo Turner
|+44 (0) 20 7148 7900
|Tavistock (Financial PR)
Mike Bartlett / Andrew Dunn
|+44 (0) 20 7920 3150