24th July 2024
24th July 2024
The global IT outage that occurred after the previous announcement has had a significant and ongoing impact on the financial sector. The Company has been closely monitoring the situation with the Paying Agent through to today. It has been informed by them that licence notifications will now commence by Monday 29 July, however they have advised that some notifications may still commence before then.
The buyer’s DaaP announcement remains on schedule to take place on 31 July as planned. It is a legal requirement that the commencement of licence payment notifications predates the DaaP announcement.
While this change is beyond the control of both the Company and its Paying Agent, we recognise that any delay to the previously published date is a disappointment to shareholders, for which we apologise.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.