BEEKS FINANCIAL CLOUD GROUP PLC

M&A Activity • Jan 15, 2020

National Storage Mechanism | Additional information

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RNS Number : 8079Z

Beeks Financial Cloud Group PLC

15 January 2020

Beeks Financial Cloud Group plc

("Beeks" or the "Company") 

Beeks Financial Cloud Increases Global Footprint with Three New Datacentres

Glasgow, 15 January, 2020 -- Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce that it is expanding its international footprint with three new datacentres, located in Singapore, London and Paris. This brings Beeks' international network to a total of 15 datacentre locations worldwide in key financial hubs.

Beeks is taking space in the Equinix SG1 datacentre, marking the Company's second site in Singapore, and in Equinix LD8, becoming its fourth site in London. The Company is also launching in France, within the Equinix PA3 Paris datacentre.

Continued growth in client demand for these locations has prompted the expansion, with all new locations backed by initial client deployments, as per Company expansion policies. The addition of these three new locations, and an increase in capacity at existing sites, means Beeks has increased its datacentre capacity by approximately 45% in the last nine months, demonstrating the scale of customer demand for its expanding service offerings.

Gordon McArthur, CEO of Beeks Financial Cloud, commented, "We are pleased to announce the launch of these new locations, chosen as they have proved to be desirable to our clients and partners. One of our goals at IPO was for significant geographical expansion, and I am delighted that we can deliver this advantage to our customers, having grown from nine to 15 locations since that time. By continuing to increase our global presence, we open up greater hosting and connectivity opportunities for our growing number of clients."

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
Angelos Vlatakis
Alma PR	+44(0)20 3405 0212
Caroline Forde / Josh Royston / Helena Bogle

ABOUT BEEKS FINANCIAL CLOUD

Beeks Financial Cloud is a leading cloud computing and connectivity provider for financial markets, offering low-latency Infrastructure-as-a-Service (IaaS) to retail and institutional traders in foreign exchange, financial futures, equities, fixed income and cryptocurrency asset classes. Based in the UK with an international network of fifteen datacentres, Beeks supports its global customers at scale in the leading financial centres. For more information, visit: www.beeksfinancialcloud.com.

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