Beeks Financial Cloud Group PLC Exercise of Share Options (1634E)
November 04 2020 - 01:00AM
UK Regulatory
TIDMBKS
RNS Number : 1634E
Beeks Financial Cloud Group PLC
04 November 2020
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Exercise of Share Options
04 November 2020 - Beeks Financial Cloud Group plc (AIM: BKS), a
cloud computing and connectivity provider for financial markets,
announces that on 03 November 2020 it issued 44,118 ordinary shares
of GBP0.00125 each ("Ordinary Shares") following an exercise of
options under the Beeks Financial Cloud Employee Share Option Plan.
The options were exercised by Fraser McDonald, Chief Financial
Officer of the Company and a person discharging managerial
responsibilities, at an exercise price of GBP0.00125 per Ordinary
Share.
Application will be made for the 44,118 new Ordinary Shares to
be admitted to trading on AIM ("Admission"), and dealings are
expected to commence on or around 09 November 2020. The new
Ordinary Shares will rank pari passu with the Company's existing
Ordinary Shares.
Following Admission, the Company will have 51,272,376 Ordinary
Shares in issue. The Company has no shares in treasury, therefore
the figure of 51,272,376 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
44,118 Ordinary Shares, representing approximately 0.09% of the
enlarged issued share capital of the Company.
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 Exercise of Share Options
--------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00125 44,118
==========
--------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
- Total
e) Date of the transaction 03 November 2020
f) Place of the transaction Outside a trading venue
--------------------------- ------------------------------------
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END
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