For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260407:nRSG3898Za&default-theme=true
RNS Number : 3898Z Beeks Financial Cloud Group PLC 07 April 2026
07 April 2026
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Proximity Cloud Win
£2.1m Proximity Cloud contract underlines continued commercial momentum
Beeks Financial Cloud Group plc, a cloud computing and connectivity provider
for financial markets, is pleased to announce the signing of a significant
Proximity Cloud contract with a large foreign exchange broker.
The five-year deal has a total contract value of £2.1 million, with revenue
recognition expected to commence in the current financial year. Having been a
Private Cloud customer since September 2025, the broker is now expanding its
use of Beeks' infrastructure, moving to Proximity Cloud, a high‑performance,
dedicated and client‑owned trading environment, across multiple locations.
Gordon McArthur, CEO of Beeks, commented: "This latest win highlights both the
strength of our offering and the significant expansion potential across our
growing customer base of major financial institutions. We continue to see
strong momentum across the business and remain focused on converting our
considerable and growing pipeline."
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 private infrastructure provider exclusively
within this fast-moving sector. Our Infrastructure-as-a-Service model is
optimised for low-latency 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 www.beeksgroup.com (http://www.beeksgroup.com)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END CNTUPURGCUPQGRQ
Copyright 2019 Regulatory News Service, all rights reserved