Beeks Financial Cloud Group plc
("Beeks" or the "Company")
PDMR Shareholding
14 November 2024 --- Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, has been notified that, on 13 November 2024, Gordon McArthur, Chief Executive Officer, sold 300,000 ordinary shares of 0.125 pence each ("Ordinary Shares") at a price of 259.741 pence per share.
These PDMR dealing was undertaken for personal reasons. Subsequent to this dealing, Mr. McArthur retains a substantial shareholding of 21,353,440 Ordinary Shares, representing 32.0% of the total enlarged issued share capital of the Company.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further details.
For further information please contact:
| Beeks Financial Cloud Group plc | |
| Gordon McArthur, CEO | via Alma PR |
| Fraser McDonald, CFO | |
| | |
| Canaccord Genuity | +44 (0)20 7523 8000 |
| Adam James / George Grainger | |
| | |
| Alma PR | +44(0)20 3405 0205 |
| Caroline Forde / Hilary Buchanan / Joe Pederzolli | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Gordon McArthur |
| 2. | Reason for the Notification | |
| a) | Position/status | Chief Executive 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 | Ordinary shares of 0.125 pence each |
| Identification code | GB00BZ0X8W18
| |
| b) | Nature of the Transaction | Sale of Ordinary Shares
|
| c) | Price(s) and volume(s) | Shares sold: 300,000 shares at 259.741 pence each
|
| d) | Aggregated information Aggregated volume Price | n/a |
| e) | Date of the transaction | 13 November 2024
|
| f) | Place of the transaction | London Stock Exchange, AIM (LON:BKS) |
About Beeks
Cloud computing is crucial to Capital Markets and finance.
Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.
ISO 27001 certified, we provide world-class security aligned to global security requirements.
Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year. Beeks Group now employs over 100 team members across the globe with the majority based at our Renfrew HQ.
For more information, visit: www.beeksfinancialcloud.com
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