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Director/PDMR Shareholding

5 Aug 2019 10:45

RNS Number : 8997H
Beeks Financial Cloud Group PLC
05 August 2019
 

This announcement contains inside information

Beeks Financial Cloud Group plc

Director/PDMR Shareholding

Beeks Financial Cloud Group plc ("the Company") announces that Gordon McArthur, Chief Executive Officer of the Company, has disposed of 180,723 Ordinary Shares at a price of 83 pence per share. Following completion of the disposal, Mr McArthur retains an interest in 30,115,677* Ordinary Shares, representing approximately 59.21 per cent. of the issued share capital of the Company.

*Includes 740,000 Ordinary Shares held by Gordon McArthur's wife, Claire McArthur, representing 1.45 per cent. of the issued share capital

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

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)

180,723 shares at £0.83

 

d)

Aggregated information

Aggregated volume Price

n/a

e)

Date of the transaction

02 August 2019

 

f)

Place of the transaction

London Stock Exchange, AIM (LON:BKS)

 

 

For further information please contact:

Beeks Financial Cloud Group plc

 

Gordon McArthur, CEO

via Alma PR

Fraser McDonald, CFO

Cenkos Securities plc

+44(0)131 220 6939

Derrick Lee / Peter 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.

 

This information is provided by RNS, the news service of the 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.
 
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