REG - Beeks Fin Cloud Grp - Proximity Cloud Wins

Beeks Financial CloudAnnouncement

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RNS Number : 5473K  Beeks Financial Cloud Group PLC  08 December 2025

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Proximity Cloud Wins

c.£1.9 million Proximity Cloud win with major South African bank and £2m
extension with large FX broker

08 December 2025 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud
computing and connectivity provider for financial markets, is pleased to
announce continued sales momentum with two further notable wins for Beeks'
Proximity Cloud offering, a high-performance, dedicated and client-owned
trading environment. As with the contracts announced last week, revenue from
both contracts is expected to commence in H2 FY26, further underpinning the
Board's FY26 expectations.

Five year contract with a major South African bank

The contract with the South African bank has an initial aggregate value of
c.£1.9 million over five years with the potential for further expansion. The
bank is a major user of the Johannesburg Stock Exchange's (JSE) Colo 2.0
service, which is delivered through the Beeks Exchange Cloud offering, and is
additionally deploying Proximity Cloud outside of South Africa in two London
locations, with the onboarding process underway. This win underlines the
upsell potential afforded by each Exchange Cloud installation, which showcase
Beeks' scalable and high performance infrastructure to multiple customers of
each exchange.

FX broker continues to expand the use of Proximity Cloud

Further to the extension announced on 3 December 2025, Beeks has signed an
additional £2m extension to the Proximity Cloud contract with the same large
FX broker, bringing the total contract to £6m over five years.

Gordon McArthur, CEO at Beeks, commented: "We continue to see strong sales
momentum as financial services organisations accelerate their cloud
strategies. The South African bank win demonstrates the major upsell potential
of our Exchange Cloud engagements, providing financial institutions with the
confidence to adopt our scalable and secure cloud environments in additional
locations. Meanwhile, the rate at which we have expanded with the FX broker
and the considerable total contract value, demonstrates the size of expansion
opportunity when dealing with major organisations. We continue to look to the
future with confidence, supported by a strong pipeline across each of our
offerings."

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 / Emma Thompson

 

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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