Deal Value and Shareholding Update

23rd November 2022

23rd November 2022

The Company is delighted to confirm that the combined value of its DaaP sale and licensing deal transactions is US$275million.

As of today’s date, there are 988,223,763 shares in issue.

The Cayman Islands is the preferred jurisdiction to deliver value for all shareholders and funds arising from the transactions will be paid in pound sterling.

The Company will update shareholders at the earliest opportunity and is appreciative of their ongoing patience.

It remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com