22:50 Tue 28 Feb 2017
CloudTag Inc. - Update on Suspension
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Update on suspension
Due to a miscommunication between the Company and Novum in relation to information relating to the placing and the subsequent material adverse market reaction to the notification made by the Company on Friday
The board is still considering the position of the Company in respect of further updates required under AIM Rules 10, 11 and 17. If considered appropriate, the Company shall release a further update to shareholders in due course.
The Company's shares will remain suspended from trading on AIM.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
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