Exercise of Options

RNS Number : 0987F

Beeks Financial Cloud Group PLC

24 October 2018

 

Beeks Financial Cloud Group plc

Exercise of Options

Beeks Financial Cloud Group plc ("Beeks" or "the Company") announces that the Company has issued a total of 32,200 new ordinary shares of 0.125 pence each ("New Shares") pursuant to the exercise of 18,400 options granted under the Beeks Financial Cloud Employee Share Option Plan and 13,800 options granted under the Beeks Financial Cloud Contractor Share Option Plan (together the "Options"). 

Application has been made for the New Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM and dealings are expected to commence on 30 October 2018 ("Admission"). Following Admission of the new Ordinary Shares to trading on AIM, the Company will have 50,753,000 ordinary shares of 0.125 pence each in issue. This figure may be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

Beeks Financial Cloud Group plc
Gordon McArthur, CEO	via Alma PR
Fraser McDonald, CFO
Cenkos Securities plc	[phone]
Derrick Lee / Beth McKiernan
Alma PR	[phone]
Josh Royston / Caroline Forde / Helena Bogle

ABOUT BEEKS FINANCIAL CLOUD

Beeks Financial Cloud is a UK-based low-latency Infrastructure-as-a-Service (IaaS) provider for automated trading in Forex, Futures, Equities, Fixed income and cryptocurrency financial products. With eleven data centres globally and low-latency connectivity between sites, the Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients. For more information, visit:

www.beeksfinancialcloud.com.

 

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