Issue of Equity and Total Voting Rights

RNS Number : 3870U

Redcentric PLC

29 July 2020

 

Redcentric plc

Issue of Equity and Total Voting Rights

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that on 27 July 2020 it received a notification of exercise in relation to employee share options over 12,030 ordinary shares of 0.1p each in the Company ("Ordinary Shares"), pursuant to the Company's 2017 Long Term Incentive Plan (the "Option Exercise").

Accordingly, application has been made for the 12,030 new Ordinary Shares to be issued pursuant to the Option Exercise to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 3 August 2020.

Following Admission, the Company's issues share capital will consist of 154,880,743 Ordinary Shares. The Company holds 822,427 Ordinary Shares in Treasury and therefore on Admission the total number of issued Ordinary Shares with voting rights will be 154,058,316. This figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules .

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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