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Beeks Financial Cloud Group plc announced that on 24 March 2025, Non-executive Chair Will Meldrum purchased 4,950 ordinary shares at 218.5 pence each, and Non-executive Director Kevin Covington purchased 2,283 ordinary shares at 219 pence each. Following these transactions, Mr Meldrum holds 46,400 ordinary shares, representing approximately 0.1% of the Company's issued share capital, and Mr Covington holds 2,283 ordinary shares, representing approximately 0.0%.
| Date | 25 Mar 2025 |
| Time | 07:00:14 |
| Category | Director/PDMR dealings |
| ID | 9618B |
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Directors' Dealing
25 March 2025 --- Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, has been notified that on 24 March 2025, Will Meldrum, Non-executive Chair, purchased ordinary shares 4,950 of 0.125 pence each ("Ordinary Shares") at a price of 218.5 pence per share and Kevin Covington, Non-executive Director, purchased 2,283 Ordinary Shares at a price of 219 pence per share.
Following this purchase, Mr Meldrum and Mr Covington hold beneficial interests in 46,400 & 2,283 Ordinary Shares respectively, representing approximately 0.1% per cent and 0.0% per cent. of the Company's issued share capital.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details.
For further information please contact:
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Beeks Financial Cloud Group plc |
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Gordon McArthur, CEO |
via Alma |
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Fraser McDonald, CFO |
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Canaccord Genuity |
+44 (0)20 7523 8000 |
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Adam James / George Grainger |
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Alma Strategic Communications |
+44(0)20 3405 0205 |
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Caroline Forde / Joe Pederzolli |
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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.
Find out more at beeksgroup.com
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Will Meldrum |
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2. |
Reason for the Notification |
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a) |
Position/status |
Non-executive Chair |
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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 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 0.125 pence each |
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Identification code |
GB00BZ0X8W18
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b) |
Nature of the Transaction |
Purchase of Ordinary Shares
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c) |
Price(s) and volume(s) |
Shares purchased: 4,950 shares at 218.5 pence each
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d) |
Aggregated information Aggregated volume Price |
n/a |
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e) |
Date of the transaction |
24 March 2025
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f) |
Place of the transaction |
London Stock Exchange, AIM (LON:BKS) |
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Kevin Covington |
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2. |
Reason for the Notification |
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a) |
Position/status |
Non-Executive Director |
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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 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 0.125 pence each |
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Identification code |
GB00BZ0X8W18
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b) |
Nature of the Transaction |
Purchase of Ordinary Shares
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c) |
Price(s) and volume(s) |
Shares purchased: 2,283 shares at 219 pence each
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d) |
Aggregated information Aggregated volume Price |
n/a |
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e) |
Date of the transaction |
24 March 2025
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f) |
Place of the transaction |
London Stock Exchange, AIM (LON:BKS) |