REG - Beeks Fin Cloud Grp - Grant of Share Options

Beeks Financial CloudAnnouncement

06/12/2022 09:15

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RNS Number : 7390I  Beeks Financial Cloud Group PLC  06 December 2022

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Grant of Share Options

 

06 December 2022 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud
computing and connectivity provider for financial markets, announces that on 2
December 2021 options over a total of 1,549,000 ordinary shares of £0.00125
in the Company ("Options") were granted under the Beeks Financial Cloud
Employee Share Option Plan. An Option over 70,000 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
1,479,000 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       70,000

 

 d)  Aggregated information                                       n/a

     Aggregated volume Price
 e)  Date of the transaction                                      2 December 2022

 f)  Place of the transaction                                     Outside a trading venue

 

 

d)

Aggregated information

Aggregated volume Price

n/a

e)

Date of the transaction

2 December 2022

 

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

Beeks is a leading managed cloud computing, connectivity and analytics
provider for Capital Markets and financial services. Our vision is simple:
Build. Connect. Analyse.

With a growing international network of data centres, Beeks provides end to
end outsourcing of compute environments by delivering low-latency compute,
connectivity and analytics, on-demand. Our cloud-based
Infrastructure-as-a-Service (IaaS) model allows financial organisations the
flexibility and agility to deploy and connect to exchanges, trading venues and
cloud service providers at a fraction of the cost of building their own
networks and infrastructure.

ISO 27001 certified, Beeks supports its global customers at scale exclusively
within global capital markets and leading financial centres.

beeksgroup.com

 

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