Beeks Financial Cloud Issues New Shares Following Employee Option Exercise
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Beeks Financial Cloud Group Plc has issued 28,500 new ordinary shares following the exercise of employee options, increasing total shares to 68,232,772. The new shares will be traded on AIM and rank equally with existing shares. Analysts rate the stock as a Hold with a £249.00 price target, while Spark's AI Analyst gives it a Neutral score due to strong financial performance but concerns over valuation. Beeks specializes in managed cloud services for capital markets and has a market cap of £157M.
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