18th Oct 2019 13:47
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
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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
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b) | Initial notification/amendment | Initial notification
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Beeks Financial Cloud Group plc
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b) | LEI | 213800XD729OTYVOMR79
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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.
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Identification code | GB00BZ0X8W18
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b) | Nature of the Transaction | Award of Share Options
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | n/a | ||||
e) | Date of the transaction | 17 October 2019
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f) | Place of the transaction | London Stock Exchange, AIM (LON:BKS)
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Related Shares:
Beeks Financial Cloud