Brief: Cloudbreak Discovery Announces Purchase And Assignment Of Debt Agreement

Cloudbreak Discovery

15/11/2023 07:31

Nov 15 (Reuters) - Cloudbreak Discovery PLC  CDL.L :
    * CLOUDBREAK DISCOVERY  - COMPANY UPDATE
    * CLOUDBREAK DISCOVERY PLC - PURCHASE AND ASSIGNMENT OF DEBT
AGREEMENT
    * CLOUDBREAK DISCOVERY PLC - LEGACY ASSETS ARE BEING
TRANSFERRED
FROM CLOUDBREAK TO GALLEON FOR AN AGGREGATE CONSIDERATION OF
£102,000
    * CLOUDBREAK DISCOVERY PLC - RESOLVED TO DISPOSE OF LEGACY
ASSETS
    * CLOUDBREAK DISCOVERY PLC - GALLEON HAS AGREED WITH
CLOUDBREAK
THAT IT WILL NOT DISPOSE OF ITS SHAREHOLDING IN COMPANY FOR A
12-MONTH PERIOD
    * CLOUDBREAK DISCOVERY PLC - ALL OF SETTLEMENT AGREEMENTS
WILL
HAVE A CLOSING DATE OF 21 NOVEMBER 2023

Further company coverage:  CDL.L 

 ((Reuters.Briefs@thomsonreuters.com;))