Issue of Equity

RNS Number : 1833K

Beeks Financial Cloud Group PLC

06 April 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 370,620 new ordinary shares of 0.125 pence each ("New Shares") pursuant to the exercise of 343,020 options granted under the Beeks Financial Cloud Employee Share Option Plan and 27,600 options granted under the Beeks Financial Cloud Contractor Share Option Plan. 

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 12 April 2018 ("Admission"). 

Following Admission of the new Ordinary Shares to trading on AIM, the Company will have 49,508,620 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
Simon Goulding, 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 service provider for automated (also known as algorithmic) trading in Forex and Futures financial products. With nine data centres globally and low-latency connectivity between sites, Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients trading forex/futures. For more information, visit: www.beeksfinancialcloud.com.

 

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