Exercise of Options

RNS Number : 9934H

Redcentric PLC

09 December 2020

 

Redcentric plc

Exercise of Options

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that on 8 December 2020 it received notice of further exercise ("Exercise") in relation to employee share options over 57,142 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, application has been made for 57,142 new Ordinary Shares to be issued pursuant to the Exercise, to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 14 December 2020.

Following Admission, the Company's issued share capital will consist of 155,944,129 Ordinary Shares, 37,569 of which remain are 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 155,906,560 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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