Redcentric plc
Director/PDMR Shareholding
Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that it has received notification from Peter Brotherton, Chief Executive Officer, that William Edward Brotherton, his son and person closely associated ("PCA") with him, purchased 7,020 ordinary shares in the Company on 1 December 2023 at a price of £1.282 per ordinary share. As a result, Mr Brotherton, together with his connected persons, holds an interest over 452,479 ordinary shares, representing 0.29% of the total voting rights of the Company.
The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
Enquiries:
Redcentric plc Peter Brotherton, Chief Executive Officer David Senior, Chief Financial Officer
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+44 (0)800 983 2522 |
Cavendish Capital Markets Limited - Nomad and Sole Broker Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM) |
+44 (0)20 7220 0500 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
William Edward Brotherton |
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2. |
Reason for the Notification |
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a) |
Position/status |
PCA - son to Peter James Brotherton |
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b) |
Initial notification/Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Redcentric plc |
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b) |
LEI |
213800FGYMMNE9OKFD14 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the Financial instrument, type of instrument |
ordinary shares of 0.1p |
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Identification code |
RCN GB00B7TW1V39 |
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b) |
Nature of the transaction |
Purchase of ordinary shares
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information: · Aggregated volume · Price |
Single transaction - see 4 (c) above |
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e) |
Date of the transactions |
1 December 2023 |
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f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |