REG - Beeks Fin Cloud Grp - Grant of Share Options

Beeks Financial CloudAnnouncement

18/10/2019 13:50

RNS Number : 4246Q
Beeks Financial Cloud Group PLC
18 October 2019
 


Beeks Financial Cloud Group plc
Grant of Share Options
Beeks Financial Cloud Group plc ("the Company") announces that on 17 October 2019, a total of 1,580,838 options over ordinary shares of £0.00125 in the Company ("Options") were granted under the Beeks Financial Cloud Employee Share Option Plan. 538,922 Options were awarded to Fraser McDonald, Chief Financial Officer and a Director of the Company and 1,041,916 Options were issued to certain employees of the Company.
The Options vest three years from the date of grant with an exercise price of £0.00125, subject to challenging performance conditions being met.
For further information please contact:



Beeks Financial Cloud Group plc
 








Gordon McArthur, CEO


via Alma PR




Fraser McDonald, CFO


















Cenkos Securities plc


+44(0)131 220 6939




Derrick Lee / Pete Lynch


















Alma PR


+44(0)20 3405 0212




Caroline Forde / Josh Royston / Helena Bogle







 
ABOUT BEEKS FINANCIAL CLOUD
Beeks Financial Cloud is a UK-based low-latency Infrastructure-as-a-Service (IaaS) provider for automated trading in Forex, Futures, Equities, Fixed income and cryptocurrency financial products. With eleven data centres globally and low-latency connectivity between sites, the Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients. For more information, visit:
www.beeksfinancialcloud.com.



1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Fraser McDonald




2.


Reason for the Notification




a)


Position/status


Chief Financial Officer
 




b)


Initial notification/amendment


Initial notification
 




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Beeks Financial Cloud Group plc
 




b)


LEI


213800XD729OTYVOMR79
 




4.


Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted




a)


Description of the Financial instrument, type of instrument


Options granted under the Beeks Financial Cloud Employee Share Option Plan over Ordinary shares of £0.00125 each.
 




Identification code


GB00BZ0X8W18
 




b)


Nature of the Transaction


Award of Share Options
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£0.835


538,922



 
 




d)


Aggregated information
Aggregated volume Price


n/a




e)


Date of the transaction


17 October 2019
 




f)


Place of the transaction


London Stock Exchange, AIM (LON:BKS)
 



 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHUWSURKVARAAA