tiprankstipranks
Company Announcements

Beeks Financial Cloud Expands Share Capital Following Option Exercise

Story Highlights
Beeks Financial Cloud Expands Share Capital Following Option Exercise

Discover the Best Stocks and Maximize Your Portfolio:

An update from Beeks Financial Cloud Group Plc ( (GB:BKS) ) is now available.

Beeks Financial Cloud Group plc has announced the issuance of 90,701 ordinary shares following the exercise of options under their Employee Share Option Plan. These shares are expected to begin trading on AIM around 11 February 2025, increasing the total number of shares in issue to 67,144,439. This move will allow shareholders to reassess their holdings in line with FCA’s Disclosure and Transparency Rules, potentially impacting their investment strategies.

More about Beeks Financial Cloud Group Plc

Beeks Financial Cloud Group plc is a leading managed cloud provider focusing exclusively on the capital markets and finance sector. The company offers an Infrastructure-as-a-Service model tailored for low-latency private cloud computing, connectivity, and analytics, enabling a hybrid cloud experience with the ability to connect to exchanges, trading venues, and public clouds. Beeks is ISO 27001 certified, emphasizing world-class security, and is listed on the London Stock Exchange.

YTD Price Performance: 2.51%

Average Trading Volume: 157,604

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £191.8M

See more data about BKS stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1