REG - Beeks Fin Cloud Grp - Grant of Share Options

Beeks Financial CloudAnnouncement

26/11/2021 11:25

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RNS Number : 7528T  Beeks Financial Cloud Group PLC  26 November 2021

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Grant of Share Options

 

26 November 2021 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud
computing and connectivity provider for financial markets, announces that on
26 November 2021 options over a total of 2,273,000 ordinary shares of
£0.00125 in the Company ("Options") were granted under the Beeks Financial
Cloud Employee Share Option Plan. An Option over 195,000 shares was awarded to
Fraser McDonald, Chief Financial Officer of the Company and a person
discharging managerial responsibilities ("PDMR Options"). Options were also
granted over 2,078,000 shares to certain employees of the Company, each of
whom are not persons discharging managerial responsibilities ("Employee
Options").

The PDMR Options vest after three years and the Employee Options vest over 2
years to 3 years from the date of grant with an exercise price of £0.00125,
subject to challenging performance conditions being met.

 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 pence each
     Identification code                                          GB00BZ0X8W18

 b)  Nature of the Transaction                                    Award of Share Options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       195,000

 

 d)  Aggregated information                                       n/a

     Aggregated volume Price
 e)  Date of the transaction                                      26 November 2021

 f)  Place of the transaction                                     Outside a trading venue

 

 

d)

Aggregated information

Aggregated volume Price

n/a

e)

Date of the transaction

26 November 2021

 

f)

Place of the transaction

Outside a trading venue

 

 

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 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/)

 

 

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