REG - Beeks Fin Cloud Grp - Exercise of Share Options

Beeks Financial CloudAnnouncement

23/05/2023 17:00

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RNS Number : 4013A  Beeks Financial Cloud Group PLC  23 May 2023

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

 

Exercise of Share Options

23 May 2023 --- 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 35,928 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").

Application will be made for the 35,928 new Ordinary Shares to be admitted to
trading on AIM ("Admission"), and dealings are expected to commence on or
around 30 May 2023. The new Ordinary Shares will rank pari passu with the
Company's existing Ordinary Shares.

Following Admission, the Company will have 65,571,434 ordinary shares of
£0.00125 each in issue. The Company has no shares in treasury, therefore the
figure of 65,571,434 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.

 

 

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 / Patrick Dolaghan

 Alma PR                                            +44(0)20 3405 0205
 Caroline Forde / Hilary Buchanan / Joe Pederzolli

 

About Beeks

 

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 27
datacentres, Beeks supports its global customers at scale in the leading
financial centres.

 

For more information, visit:  www.beeksfinancialcloud.com
(http://www.beeksfinancialcloud.com)

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