Transaction in Own Shares

RNS Number : 3570G

Redcentric PLC

16 March 2020

 

Redcentric plc

("Redcentric" or the "Company")

Transaction in Own Shares

Redcentric plc (AIM: RCN), announces that it has made the following purchase of ordinary shares of 0.1p in the capital of the Company ("Ordinary Shares") pursuant to the share buyback programme (the "Programme") announced on 17 September 2019:

Date of purchase:	16th March 2020
Number of Ordinary Shares purchased:	60,000
Highest price paid per Ordinary Share:	94.0p
Lowest price paid per Ordinary Share:	94.0p
Volume weighted average price per Ordinary Share:	94.0p

Following the repurchase of Ordinary Shares set out above, the Company's issued share capital consists of 149,310,713 Ordinary Shares, 658,927 of which 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 148,651,786 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.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Programme.

Details of the purchase of its own Ordinary Shares by the Company, which were all executed through the Company's broker, finnCap Ltd, are set out below:

Schedule of Purchases:
Shares purchased:	Redcentric plc (ISIN: GB00B7TW1V39)
Date of purchase:	16 March 2020

Aggregate Information:
Aggregated volume	60,000
Volume weighted average price	94.0p
Venue	XLON

Individual Transactions:
Date of purchase	Time of purchase	Number of Ordinary Shares purchased:		Price paid per Ordinary Share (p)
16/03/2020	16:01:44	50,000		94.0p
16/03/2020	16:30:10	10,000		94.0p

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Enquiries:

Redcentric plc Peter Brotherton, Chief Executive Officer  [phone] Dean Barber, Chief Financial Officer  finnCap Ltd - Nomad and Broker [phone] Marc Milmo/ Simon Hicks/ Charlie Beeson (Corporate Finance) Rhys Williams (Sales)

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

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