Exercise of Options

Redcentric PLC

28 November 2024

 

Redcentric plc

("Redcentric" or the "Company" or the "Group")

Exercise of Options

Redcentric plc (AIM: RCN), a leading UK IT managed services provider, announces that it received notice of exercise ("Exercise") in relation to employee share options over 11,403 ordinary shares of 0.1p each in the Company ("Ordinary Shares"). Accordingly, the Company is issuing 11,403 Ordinary Shares to satisfy the Exercise.

Application has been made to the London Stock Exchange for these new ordinary shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective and dealings will commence in respect of the Ordinary Shares at 8.00 a.m. on or around 3 December 2024. Following Admission, the Company's issued share capital will consist of 159,131,014 Ordinary Shares, 550,701 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 158,580,313 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]
Cavendish Capital Markets Limited - Nomad and Sole Broker Marc Milmo / Callum Davidson / Rory Sale (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM)	[phone]

 

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