Exercise of Options

RNS Number : 7241O

Redcentric PLC

12 October 2021

 

Redcentric plc

Exercise of Options

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that following an exercise of options pursuant to the Company's 2017 Long Term Incentive Plan, it has issued and allotted 90,523 new ordinary shares in the Company ("Ordinary Shares"). Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on or around the 22 October 2021.

As a result, the Company's issued share capital now consists of 156,338,187 Ordinary Shares, 19,703 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 156,318,484 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                                                                                                               [phone] 

Peter Brotherton, Chief Executive Officer   

David Senior, Chief Financial Officer   

finnCap Ltd - Nomad and Broker  [phone]

Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance)

Andrew Burdis / Sunila de Silva (ECM)   

 

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