REG - Beeks Fin Cloud Grp - Exercise of Share Options

Beeks Financial CloudAnnouncement

29/08/2024 15:00

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RNS Number : 2007C  Beeks Financial Cloud Group PLC  29 August 2024

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

 

Exercise of Share Options

29 August 2024 --- Beeks Financial Cloud Group plc (AIM: BKS), a cloud
computing and connectivity provider for financial markets, announces that on
29 August 2024, Mark Cubitt, Chairman, transferred 70,707 ordinary shares of
0.125 pence each in the Company ("Ordinary Shares") at nil consideration from
certificated form held directly by him, to a CREST nominee account of which he
is the beneficial owner.

Following the transfer, Mark Cubitt's beneficial holding of 70,707 Ordinary
Shares, representing approximately 0.11% of the Company's issued share
capital, remains unchanged.

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further details.

 

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 / George Grainger

 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

 

 NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
 MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1 Details of the person discharging managerial responsibilities / person closely
   associated
 a)  Name                                                         Mark Cubitt
 2 Reason for the notification
 a)  Position/status                                              Chairman
 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 0.125 pence each
   Identification code                                          GB00BZ0X8W18
 b)  Nature of the transaction                                    Transfer of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
   £ Nil                                                                                     70,707
 d)  Aggregated information                                       N/A single transaction
   Aggregated volume                                            N/A single transaction
   Price                                                        N/A single transaction
 e)  Date of the transaction                                      29 August 2024
 f)  Place of the transaction                                     Outside of a trading venue

 

 

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