Licensing payment update

30th January 2024

30th January 2024

The paying agent processing the payment transactions are experiencing difficulties reconciling the number of shares in issue due to miscalculation from a UK broker. The company was only made aware of this discrepancy recently and is working to resolve this.

The company is discussing the option of proceeding forward with the distribution before resolution of this issue which would entail retaining a nominal amount in trust until the situation has been fully resolved.

We apologise for this further delay whilst this is being resolved and will update shareholders as soon as possible.

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