Beeks Financial Cloud Group plc
Grant of Share Options
Beeks Financial Cloud Group plc ("the Company") announces that on 17 October 2019, a total of 1,580,838 options over ordinary shares of £0.00125 in the Company ("Options") were granted under the Beeks Financial Cloud Employee Share Option Plan. 538,922 Options were awarded to Fraser McDonald, Chief Financial Officer and a Director of the Company and 1,041,916 Options were issued to certain employees of the Company.
The Options vest three years from the date of grant with an exercise price of £0.00125, subject to challenging performance conditions being met.
For further information please contact:
Beeks Financial Cloud Group plc
|
|
Gordon McArthur, CEO |
via Alma PR |
Fraser McDonald, CFO |
|
|
|
Cenkos Securities plc |
+44(0)131 220 6939 |
Derrick Lee / Pete Lynch |
|
|
|
Alma PR |
+44(0)20 3405 0212 |
Caroline Forde / Josh Royston / 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:
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
a) |
Name |
Fraser McDonald |
||||
2. |
Reason for the Notification |
|||||
a) |
Position/status |
Chief Financial 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 Financial instrument, type of instrument |
Options granted under the Beeks Financial Cloud Employee Share Option Plan over Ordinary shares of £0.00125 each.
|
||||
Identification code |
GB00BZ0X8W18
|
|||||
b) |
Nature of the Transaction |
Award of Share Options
|
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
n/a |
||||
e) |
Date of the transaction |
17 October 2019
|
||||
f) |
Place of the transaction |
London Stock Exchange, AIM (LON:BKS)
|