CTAG Cloudtag

TIDMCTAG

RNS Number : 2648S

CloudTag Inc.

19 December 2016

19 December 2016

CloudTag Inc.

("CloudTag" or the "Company")

Receipt of GBP0.85 million and Issue of Part of the Tranche 2 Notes

CloudTag (CTAG:LN), the company that brings personal monitoring to the wellbeing, fitness and digital health markets, confirms that further to the announcement of 15 December 2016, it has received net proceeds of GBP0.85 million (taking into account costs of GBP0.05 million) in respect of the first part of the Tranche 2 Notes and accordingly has now issued GBP1,000,000 (at nominal value) of the Tranche 2 Notes to L1 Capital Global Opportunities Master Fund.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 
 CloudTag Inc.                   +1 345 949 45 44 
  Amit Ben-Haim / Tony Reeves     contact@cloudtag.com 
 UK Investor Relations           +44 (0) 20 7052 8469 
                                  investors@cloudtag.com 
 Cairn Financial Advisers 
  LLP (Nominated Adviser) 
  Tony Rawlinson / Jo Turner     +44 (0) 20 7213 0880 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

December 19, 2016 09:35 ET (14:35 GMT)

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