REG - Beeks Fin Cloud Grp - Exercise of Share Options

Beeks Financial CloudAnnouncement

13/05/2024 14:30

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RNS Number : 2155O  Beeks Financial Cloud Group PLC  13 May 2024

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

 

Exercise of Share Options

13 May 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 10,000 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 10,000 new Ordinary Shares to be admitted to
trading on AIM ("Admission"), and dealings are expected to commence on or
around 17 May 2024. The new Ordinary Shares will rank pari passu with the
Company's existing Ordinary Shares.

Following Admission, the Company will have 66,514,009 ordinary shares of
£0.00125 each in issue. The Company has no shares in treasury, therefore the
figure of 66,514,009 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
 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

Cloud computing is crucial to Capital Markets and finance.

Beeks Group is a leading managed cloud provider exclusively within this
fast-moving sector. Our Infrastructure-as-a-Service model is optimised for
low-latency private cloud compute, connectivity and analytics, providing the
flexibility to deploy and connect to exchanges, trading venues and public
cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global
security requirements.

Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS)
and has enjoyed continued growth each year. Beeks Group now employs over 100
team members across the globe with the majority based at our Renfrew HQ.

Find out more at beeksgroup.com

 

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