Announcement • Jun 30
PowerPlay Media and Entertainment Limited agreed heads of terms to acquire Cloudfield Holdings Limited (AIM:CHL) for £6 million in a reverse merger transaction. PowerPlay Media and Entertainment Limited agreed heads of terms to acquire Cloudfield Holdings Limited (AIM:CHL) for £6 million in a reverse merger transaction on June 29, 2026. The consideration consists of common equity of PowerPlay Media and Entertainment Limited having a value of £6 million to be issued for common equity of Cloudfield Holdings Limited. Upon completion of the Acquisition, it is proposed that the name of the company be changed to PowerPlay Media Group plc.
The transaction is subject to obtaining financing, satisfactory completion of all due diligence, approval of Cloudified's shareholders, and re-admission of the enlarged group's shares to trading on AIM. The expected completion of the transaction is in August 2026. Announcement • Mar 02
Cloudfield Holdings Limited announced that it expects to receive £0.25 million in funding from Salonica Play Lp Cloudfield Holdings Limited announced a private placement to issue unsecured convertible loan note for aggregate gross proceeds of £250,000 on March 2, 2026. The Note carries a 12.5% arrangement fee (deducted on drawdown) and accrues interest at 17.5% per annum to 30 June 2026, increasing to 35% per annum thereafter and on default. The Note matures on the earlier of completion of the proposed reverse takeover or 31 December 2027. The transaction will include participation from Salonica Play LP. The entering of the Note is a related party transaction for the purposes of AIM Rule 13 of the AIM Rules for Companies due to Salonica being a substantial shareholder in the Company. Announcement • Jan 14
Cloudified Holdings Limited Announces Appointment of Robert Proctor as Non-Executive Director, Effective January 13, 2026 Cloudified Holdings Limited announced the appointment of Robert Proctor as Non-Executive Director with immediate effect. Robert acted as Chief Executive of Audioboom, an AIM listed technology company, between 2012 to 2019. Prior to this, he was COO of US Social Media platform Reality Digital Inc. for four years, with clients such as Sony Pictures, YouTube, MTV and ITV. He was also Senior Vice-President International for Adify Corporation, a US provider of online advertising to networks and advertising agencies. From 1996 to 2001, he was founder and CEO at Simply Internet Limited which he grew to be one of the world's largest public internet access companies employing over 700 people. Mr. Robert Edward Proctor, aged 61, has held the following directorships and/or partnerships in the past five years: Current directorships: Magic Box Zone Ltd, ICFNI Limited. Past directorships (last 5 years): Allied Gaming and Entertainment (USA), Aurra Studios Ltd, Podation Limited.