Exercise of Options

RNS Number : 6798A

Redcentric PLC

01 October 2020

 

Redcentric plc

Exercise of Options

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that on 29 September 2020 it received notice of exercise ("Exercise") in relation to employee share options over 618,836 ordinary shares of 0.1p each in the Company ("Ordinary Shares") issued under the Company's Save As You Earn (SAYE) Option Plan 2014.

Accordingly, the Company has transferred 618,836 shares previously held in Treasury to satisfy the Exercise. As a result, the Company's issued share capital now consists of 155,597,254 Ordinary Shares, 203,591 of which remain held in Treasury. For reporting under the FCA's Disclosure Guidance and Transparency Rules, shareholders should exclude any Ordinary Shares held in Treasury and should use the figure of 155,393,663 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.

Enquiries:

Redcentric plc Peter Brotherton, Chief Executive Officer David Senior, Chief Financial Officer	[phone]
finnCap Ltd - Nomad and Sole Broker Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM)	[phone]

 

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