Exercise of Share Options

Source: RNS
RNS Number : 7385C
Beeks Financial Cloud Group PLC
03 September 2024
 

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

 

Exercise of Share Options

3 September 2024 --- Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, announces that it is issuing a total of 22,500 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").

Application has been made for the 22,500 new Ordinary Shares to be admitted to trading on AIM ("Admission"), and dealings are expected to commence on or around 6 September 2024. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following Admission, the Company will have 66,659,074 ordinary shares of £0.00125 each in issue. The Company has no shares in treasury, therefore the figure of 66,659,074 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.

 

 

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


 

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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