Beeks Financial Cloud Group PLC Acquisition of proposed new headquarters (3251L)
September 09 2021 - 11:54AM
UK Regulatory
TIDMBKS
RNS Number : 3251L
Beeks Financial Cloud Group PLC
09 September 2021
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Acquisition of proposed new headquarters
9 September 2021 -- Beeks Financial Cloud Group Plc (AIM: BKS) ,
a cloud computing and connectivity provider for financial markets,
is pleased to announce that it has acquired new premises for the
Company headquarters.
Beeks headquarters will move from the existing leased office of
the Lumina Building to the nearby Riverside Building in Riverside
Business Park, King's Inch Road, Braehead PA4 8YU in early 2022,
following two years at the Company's current address, during which
time the business has grown considerably. With approximately three
times the square footage, these larger premises will provide the
necessary space to fulfil the Company's growth potential.
Consideration for the property was GBP2.1 million, payable to
Braehead Park Estates Limited, which was funded out of existing
Company cash balances and available debt facililties. There are no
profits or losses attributable to the property pursuant to the
acquisiton.
Beeks will confirm the change in the Company's registered office
address in due course.
For further information please contact:
Beeks Financial Cloud Group plc
Gordon McArthur, CEO via Alma PR
Fraser McDonald, CFO
+44 (0)20 7523
Canaccord Genuity 8000
Adam James
Alma PR +44(0)20 3405 0212
Caroline Forde / H ilary Buchanan / Joe Pederzolli
ABOUT BEEKS FINANCIAL CLOUD
Beeks Financial Cloud is a leading cloud computing, connectivity
and analytics provider for financial services. Our cloud-based
Infrastructure-as-a-Service (IaaS) model allows financial
organisations the flexibility and agility to deploy and connect to
a variety of exchanges, trading venues and cloud service providers
at a fraction of the cost of building their own networks and
infrastructure. Based in the UK with an international network of 19
datacentres, Beeks supports its global customers at scale in the
leading financial centres.
For more information, visit: www.beeksfinancialcloud.com
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END
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