Business
Exercise of Share Options and Director Dealings
Exercise of Share Options and Director Dealings.
About this update from Beeks Financial Cloud Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9351R\n Beeks Financial Cloud Group PLC\n 10 November 2021\n \n \n \n \n Beeks Financial Cloud Group plc\n \n \n (\"Beeks\" or the \"Company\")\n \n \n Exercise of Share Options and Director Dealings\n \n \n \n 10 November 2021 -\n \n Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, announces that today it is issuing a total of 264,705 ordinary shares of £0.00125 each (\"Ordinary Shares\") following the exercise of options under the Beeks Financial Cloud Employee Share Option Plan, at an exercise price of £0.00125 per Ordinary Share (the \"Option Shares\"). 68,627 of the Option Shares were held by Fraser McDonald, Chief Financial Officer of the Company and a person discharging managerial responsibilities. \n \n \n Application will be made for the 264,705 new Ordinary Shares to be admitted to trading on AIM (\"Admission\"), and dealings are expected to commence on or around 16 November 2021. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.\n \n \n Following Admission, the Company will have 56,315,854 ordinary shares of £0.00125 each in issue. The Company has no shares in treasury, therefore the figure of 56,315,854 should be used by shareholders for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.\n \n \n Upon Admission, Mr McDonald will be beneficially interested in 112,745 Ordinary Shares, representing approximately 0.2% of the enlarged issued share capital of the Company.\n \n \n \n \n \n For further information please contact:\n \n \n \n \n \n \n Beeks Financial Cloud Group plc\n \n \n \n \n \n \n \n \n \n Gordon McArthur, CEO\n \n \n \n \n via Alma PR\n \n \n \n \n \n \n Fraser McDonald, CFO\n \n \n \n \n \n \n \n \n \n Canaccord Genuity\n \n \n \n \n +44 (0)20 7523 8000\n \n \n \n \n \n \n Adam James \n \n \n \n \n \n \n \n \n \n Alma PR\n \n \n \n \n +44(0)20 3405 0205\n \n \n \n \n \n \n Caroline Forde / Hilary Buchanan / Joe Pederzolli\n \n \n \n \n \n \n \n \n \n \n \n \n ABOUT BEEKS FINANCIAL CLOUD\n \n \n Beeks Financial Cloud is a leading cloud computing, connectivity and analytics ...