Grant of Share Options

RNS Number : 4246Q
Beeks Financial Cloud Group PLC
18 October 2019
 

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:

www.beeksfinancialcloud.com.

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)

Price(s)

Volume(s)

£0.835

538,922

 

 

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)

 

 


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END
 
 
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