Beeks Financial Cloud Group PLC Exercise of Share Options (7436Z)

TIDMBKS

RNS Number : 7436Z

Beeks Financial Cloud Group PLC

16 January 2024

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Exercise of Share Options

16 January 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 77,037 ordinary shares of GBP0.00125 each ("Ordinary Shares") following the exercise of options under the Beeks Financial Cloud Employee Share Option Plan, at an exercise price of GBP0.00125 per Ordinary Share (the "Option Shares").

Application has been made for the 77,037 new Ordinary Shares to be admitted to trading on AIM ("Admission"), and dealings are expected to commence on or around 19 January 2024. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following Admission, the Company will have 65,786,195 ordinary shares of GBP0.00125 each in issue. The Company has no shares in treasury, therefore the figure of 65,786,195 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 PR 
 Fraser McDonald, CFO 
 
                                    [phone] 
 Canaccord Genuity                   8000 
 Adam James / Alex Orr 
 
 Alma Strategic Communications      [phone] 
 Caroline Forde / Joe Pederzolli 
 

About Beeks

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 27 datacentres, Beeks supports its global customers at scale in the leading financial centres.

For more information, visit: www.beeksfinancialcloud.com

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January 16, 2024 02:00 ET (07:00 GMT)