Exercise of Share Options

Beeks Financial Cloud Group PLC

29 August 2024

 

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Exercise of Share Options

29 August 2024 --- Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, announces that on 29 August 2024, Mark Cubitt, Chairman, transferred 70,707 ordinary shares of 0.125 pence each in the Company ("Ordinary Shares") at nil consideration from certificated form held directly by him, to a CREST nominee account of which he is the beneficial owner.

Following the transfer, Mark Cubitt's beneficial holding of 70,707 Ordinary Shares, representing approximately 0.11% of the Company's issued share capital, remains unchanged.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details.

For further information please contact:

Beeks Financial Cloud Group plc
Gordon McArthur, CEO	via Alma
Fraser McDonald, CFO
Canaccord Genuity	[phone]
Adam James / George Grainger
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

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Mark Cubitt 2 Reason for the notification a) Position/status Chairman 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 Transfer of Ordinary Shares c) Price(s) and volumes(s) Price(s) Volume(s) £ Nil 70,707 d) Aggregated information N/A single transaction Aggregated volume N/A single transaction Price N/A single transaction e) Date of the transaction 29 August 2024 f) Place of the transaction Outside of a trading venue

 

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