Exercise of Share Options and Director Dealings
Updated : 09:34
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Exercise of Share Options and Director Dealings
10 November 2021 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, announces that today it is issuing a total of 264,705 ordinary shares of £0.00125 each ("Ordinary Shares") following the exercise of options under the Beeks Financial Cloud Employee Share Option Plan, at an exercise price of £0.00125 per Ordinary Share (the "Option Shares"). 68,627 of the Option Shares were held by Fraser McDonald, Chief Financial Officer of the Company and a person discharging managerial responsibilities.
Application will be made for the 264,705 new Ordinary Shares to be admitted to trading on AIM ("Admission"), and dealings are expected to commence on or around 16 November 2021. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
Following Admission, the Company will have 56,315,854 ordinary shares of £0.00125 each in issue. The Company has no shares in treasury, therefore the figure of 56,315,854 should be used by shareholders for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Upon Admission, Mr McDonald will be beneficially interested in 112,745 Ordinary Shares, representing approximately 0.2% of the enlarged issued share capital of the Company.
For further information please contact:
Beeks Financial Cloud Group plc |
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Gordon McArthur, CEO | via Alma PR |
Fraser McDonald, CFO |
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Canaccord Genuity | +44 (0)20 7523 8000 |
Adam James |
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Alma PR | +44(0)20 3405 0205 |
Caroline Forde / Hilary Buchanan / Joe Pederzolli |
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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
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 | ||||
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| 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 each | ||||
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Identification code | ISIN: GB00BZ0X8W18 | |||||
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b) | Nature of the transaction | Exercise of Share Options | ||||
c) | Price(s) and volume(s) |
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d)
| Aggregated information |
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- Aggregated volume - Price - Total
| N/A | |||||
e) | Date of the transaction | 10 November 2021 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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