Beeks Financial Cloud Group PLC Director/PDMR Shareholding (2060D)

TIDMBKS

RNS Number : 2060D

Beeks Financial Cloud Group PLC

25 June 2021

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Director / PDMR Shareholding

25 June 2021 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, has been informed that Gordon McArthur, Chief Executive Officer has today sold a total of 750,000 ordinary shares of 0.125 pence each ("Ordinary Shares") at a price of 119p per share.

Following the transaction, Mr. McArthur retains a substantial holding of 46.9% of the total issued share capital of the Company, being 26,290,410* Ordinary Shares.

*Includes 740,000 Ordinary Shares held by Gordon McArthur's wife, Claire McArthur.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Gordon McArthur 
     -------------------------------  ------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive 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               Ordinary shares of 0.125 pence each 
       Financial instrument, 
       type of instrument 
     -------------------------------  ------------------------------------- 
      Identification code              GB00BZ0X8W18 
     -------------------------------  ------------------------------------- 
 b)   Nature of the Transaction        Sale of ordinary shares 
     -------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)           750,000 shares at 119.0p 
     -------------------------------  ------------------------------------- 
 d)   Aggregated information           n/a 
       Aggregated volume Price 
     -------------------------------  ------------------------------------- 
 e)   Date of the transaction          25 June 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 
                                                       [phone] 
 Canaccord Genuity                                      8000 
 Adam James 
 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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June 25, 2021 09:39 ET (13:39 GMT)