REG - Beeks Fin Cloud Grp - Exercise of Share Options

Beeks Financial CloudAnnouncement

16/01/2024 07:01

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RNS Number : 7436Z  Beeks Financial Cloud Group PLC  16 January 2024

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

 

Exercise of Share Options

16 January 2024 --- 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 77,037 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 has been made for the 77,037 new Ordinary Shares to be admitted to
trading on AIM ("Admission"), and dealings are expected to commence on or
around 19 January 2024. The new Ordinary Shares will rank pari passu with the
Company's existing Ordinary Shares.

Following Admission, the Company will have 65,786,195 ordinary shares of
£0.00125 each in issue. The Company has no shares in treasury, therefore the
figure of 65,786,195 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 / Alex Orr

 Alma Strategic Communications    +44(0)20 3405 0205
 Caroline Forde / 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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