BEEKS FINANCIAL CLOUD GROUP PLC

Management Reports • Dec 8, 2025

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RNS Number : 5473K

Beeks Financial Cloud Group PLC

08 December 2025

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Proximity Cloud Wins

c.£1.9 million Proximity Cloud win with major South African bank and £2m extension with large FX broker

08 December 2025 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, is pleased to announce continued sales momentum with two further notable wins for Beeks' Proximity Cloud offering, a high-performance, dedicated and client-owned trading environment. As with the contracts announced last week, revenue from both contracts is expected to commence in H2 FY26, further underpinning the Board's FY26 expectations.

Five year contract with a major South African bank

The contract with the South African bank has an initial aggregate value of c.£1.9 million over five years with the potential for further expansion. The bank is a major user of the Johannesburg Stock Exchange's (JSE) Colo 2.0 service, which is delivered through the Beeks Exchange Cloud offering, and is additionally deploying Proximity Cloud outside of South Africa in two London locations, with the onboarding process underway. This win underlines the upsell potential afforded by each Exchange Cloud installation, which showcase Beeks' scalable and high performance infrastructure to multiple customers of each exchange.

FX broker continues to expand the use of Proximity Cloud

Further to the extension announced on 3 December 2025, Beeks has signed an additional £2m extension to the Proximity Cloud contract with the same large FX broker, bringing the total contract to £6m over five years.

Gordon McArthur, CEO at Beeks, commented: "We continue to see strong sales momentum as financial services organisations accelerate their cloud strategies. The South African bank win demonstrates the major upsell potential of our Exchange Cloud engagements, providing financial institutions with the confidence to adopt our scalable and secure cloud environments in additional locations. Meanwhile, the rate at which we have expanded with the FX broker and the considerable total contract value, demonstrates the size of expansion opportunity when dealing with major organisations. We continue to look to the future with confidence, supported by a strong pipeline across each of our offerings."

For further information please contact:

Beeks Financial Cloud Group plc
Gordon McArthur, CEO	via Alma
Fraser McDonald, CFO
Canaccord Genuity	+44 (0)20 7523 8000
Adam James / George Grainger
Alma Strategic Communications	+44(0)20 3405 0205
Caroline Forde / Joe Pederzolli / Emma Thompson

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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