REG - Beeks Fin Cloud Grp - Exercise of Share Options and Director Dealings

Beeks Financial CloudAnnouncement

10/11/2021 09:35

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211110:nRSJ9351Ra&default-theme=true

RNS Number : 9351R  Beeks Financial Cloud Group PLC  10 November 2021

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Exercise of Share Options and Director Dealings

10 November 2021 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud
computing and connectivity provider for financial markets, announces that
today it is issuing a total of 264,705 ordinary shares of £0.00125 each
("Ordinary Shares") following the exercise of options under the Beeks
Financial Cloud Employee Share Option Plan, at an exercise price of £0.00125
per Ordinary Share (the "Option Shares"). 68,627 of the Option Shares were
held by Fraser McDonald, Chief Financial Officer of the Company and a person
discharging managerial responsibilities.

Application will be made for the 264,705 new Ordinary Shares to be admitted to
trading on AIM ("Admission"), and dealings are expected to commence on or
around 16 November 2021. The new Ordinary Shares will rank pari passu with the
Company's existing Ordinary Shares.

Following Admission, the Company will have 56,315,854 ordinary shares of
£0.00125 each in issue. The Company has no shares in treasury, therefore the
figure of 56,315,854 should be used by shareholders for the calculations by
which they will determine if they are required to notify their interest in, or
a change of their interest in, the share capital of the Company under the
FCA's Disclosure and Transparency Rules.

Upon Admission, Mr McDonald will be beneficially interested in 112,745
Ordinary Shares, representing approximately 0.2% of the enlarged issued share
capital of the Company.

 

For further information please contact:

 Beeks Financial Cloud Group plc
 Gordon McArthur, CEO                               via Alma PR
 Fraser McDonald, CFO
 Canaccord Genuity                                  +44 (0)20 7523 8000
 Adam James
 Alma PR                                            +44(0)20 3405 0205
 Caroline Forde / Hilary Buchanan / Joe Pederzolli

 

ABOUT BEEKS FINANCIAL CLOUD

Beeks Financial Cloud is a leading cloud computing, connectivity and analytics
provider for financial services. Our cloud-based Infrastructure-as-a-Service
(IaaS) model allows financial organisations the flexibility and agility to
deploy and connect to a variety of exchanges, trading venues and cloud service
providers at a fraction of the cost of building their own networks and
infrastructure. Based in the UK with an international network of 19
datacentres, Beeks supports its global customers at scale in the leading
financial centres.

 

For more information, visit: www.beeksfinancialcloud.com
(http://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  Ordinary Shares of £0.00125 each

       Identification code                                          ISIN: GB00BZ0X8W18

 b)    Nature of the transaction                                    Exercise of Share Options

 
 c)    Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                    £0.00125   68,627

 
 d)    Aggregated information

       - Aggregated volume                                          N/A

       - Price

       - Total

 e)    Date of the transaction                                      10 November 2021

 
 f)    Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

- Price

- Total

 

N/A

e)

Date of the transaction

 

10 November 2021

f)

 

Place of the transaction

Outside a trading venue

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHGCBDBSDBDGBG