Exercise of Share Options

Beeks Financial Cloud Group PLC

13 May 2024

 

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Exercise of Share Options

13 May 2024 --- 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 10,000 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 10,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"), and dealings are expected to commence on or around 17 May 2024. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following Admission, the Company will have 66,514,009 ordinary shares of £0.00125 each in issue. The Company has no shares in treasury, therefore the figure of 66,514,009 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	[phone]
Adam James / Alex Orr
Alma Strategic Communications	[phone]
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

 

END