Beeks CFO sells 68,627 shares in company
Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, has been informed of director dealings that occurred on 16 November 2021.
Fraser McDonald, Chief Financial Officer (CFO) of Beeks sold 68,627 ordinary shares of 0.125 pence each at a price of 194p per share. Following the transaction, Mr McDonald retains a holding of 44,118 Ordinary Shares, representing 0.08% of the total issued share capital of the company.
Fraser McDonald has over 17 years’ experience in finance, management and consulting roles. Having commenced his finance career and management accountancy training (CIMA) with National Australia Group, he has gained experience working for global organisations such as Royal BAM Group, Lactalis Mclelland, and Serco Group PLC across different industries including Banking, Manufacturing, and Construction. Fraser has been in the Technology sector since 2009, where he has held senior roles including Head of Finance and Commercial Manager at ACCESS LLP (subsidiary of Serco Group PLC).
Mr McDonald joined Beeks on a consultancy basis in March 2016 to support the company through the AIM admission process, before being appointed on a permanent basis as Group Financial Controller in March 2017, and then Chief Financial Officer in October 2018.
Fraser McDonald has a BA (Hons) in Finance from the University of Strathclyde, and a PgDip in Information Technology from the University of Paisley.