Beeks Financial Cloud Group PLC Grant of Share Options (4246Q)
18 October 2019 - 11:47PM
UK Regulatory
TIDMBKS
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 GBP0.00125 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 GBP0.00125, 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
+44(0)131 220
Cenkos Securities plc 6939
Derrick Lee / Pete Lynch
+44(0)20 3405
Alma PR 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 Options granted under the Beeks Financial
Financial instrument, Cloud Employee Share Option Plan over
type of instrument Ordinary shares of GBP0.00125 each.
------------------------------- ------------------------------------------
Identification code GB00BZ0X8W18
------------------------------- ------------------------------------------
b) Nature of the Transaction Award of Share Options
------------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.835 538,922
----------
------------------------------- ------------------------------------------
d) Aggregated information n/a
Aggregated volume Price
------------------------------- ------------------------------------------
e) Date of the transaction 17 October 2019
------------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange, AIM (LON:BKS)
------------------------------- ------------------------------------------
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHUWSURKVARAAA
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