Directors' Dealings

RNS Number : 6026S

Beeks Financial Cloud Group PLC

17 November 2021

 

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Directors' Dealings

17 November 2021 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, has been informed that on 16 November 2021:

• Fraser McDonald, Chief Financial Officer sold 68,627 ordinary shares of 0.125 pence each ("Ordinary Shares") at a price of 194 p per share. Following the transaction, Mr. McDonald retains a holding of 44,118 Ordinary Shares, representing 0.08% of the total issued share capital of the Company.
• William Meldrum, independent Non-executive Director of the Company, purchased 17,950 Ordinary Shares at a price of 194p per share. Following the transaction, Mr. Meldrum has a holding of 41,450 Ordinary Shares, representing 0.07% of the total issued share capital of the Company.

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
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 Financial instrument, type of instrument	Ordinary shares of 0.125 pence each
	Identification code	GB00BZ0X8W18
b)	Nature of the Transaction	Sale of ordinary shares
c)	Price(s) and volume(s)	68,627 shares at 194p
d)	Aggregated information Aggregated volume Price	n/a
e)	Date of the transaction	16 November 2021
f)	Place of the transaction	London Stock Exchange, AIM (LON:BKS)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	William Meldrum
2.	Reason for the Notification
a)	Position/status	Non-executive Director
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
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 Financial instrument, type of instrument	Ordinary shares of 0.125 pence each
	Identification code	GB00BZ0X8W18
b)	Nature of the Transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	17,950 shares at 194p
d)	Aggregated information Aggregated volume Price	n/a
e)	Date of the transaction	16 November 2021
f)	Place of the transaction	London Stock Exchange, AIM (LON:BKS)

For further information please contact:

Beeks Financial Cloud Group plc
Gordon McArthur, CEO	via Alma PR
Fraser McDonald, CFO
Canaccord Genuity	[phone]
Adam James / Patrick Dolaghan
Alma PR	[phone]
Caroline Forde / H ilary Buchanan / Joe Pederzolli

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

 

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