Beeks Financial Cloud Group PLC Grant of Options (5711B)
October 09 2020 - 1:00AM
UK Regulatory
TIDMBKS
RNS Number : 5711B
Beeks Financial Cloud Group PLC
09 October 2020
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Grant of Share Options
09 October 2020 - Beeks Financial Cloud Group plc (AIM: BKS), a
cloud computing and connectivity provider for financial markets,
announces that on 08 October 2020 options over a total of 1,071,429
ordinary shares of GBP0.00125 in the Company ("Options") were
granted under the Beeks Financial Cloud Employee Share Option Plan.
An Option over 105,820 shares was awarded to Fraser McDonald, Chief
Financial Officer of the Company and a person discharging
managerial responsibilities. Options were also granted over 965,609
shares to certain employees of the Company, each of whom are not
persons discharging managerial responsibilities.
The Options vest three years from the date of grant with an
exercise price of GBP0.00125, subject to challenging performance
conditions being met.
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 / Angelos Vlatakis
Alma PR +44(0)20 3405 0212
Caroline Forde / Helena Bogle
/ Josh Royston
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 18
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 Initial Notification
/Amendment
--------------------------- ------------------------------------
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 Ordinary Shares of GBP0.00125 each
financial instrument,
type of instrument
Identification code ISIN: GB00BZ0X8W18
b) Nature of the transaction Award of Share Options
--------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 105,820
==========
--------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
- Total
e) Date of the transaction 08 October 2020
f) Place of the transaction Outside a trading venue
--------------------------- ------------------------------------
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END
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