Source - SMW
CloudTag has announced a proposed subscription  of £550,000 through the issue of 3,548,388 new ordinary shares at a price of 15.5p apiece, the mid-market closing price on the 26 September.  

There are no commissions or expenses payable in relation to the subscription and the proceeds of the subscription will be used for general working capital purposes.  

At 8:12am: (LON:CTAG) Cloudtag Inc share price was +1.13p at 15.38p