Appointment of Chief Financial Officer

Redcentric PLC

01 June 2026

 

1 June 2026

Redcentric plc

('Redcentric', the 'Company' or the 'Group')

Appointment of Chief Financial Officer

Redcentric plc (LSE: RCN), a leading UK IT managed services provider ('MSP'), is pleased to announce the appointment of Tim Sykes as its Chief Financial Officer and Executive Director with immediate effect. 

Tim is an experienced CFO with over 30 years of financial experience, including 15 years as CFO of AIM listed Proactis Holdings plc. He has varied operational, transactional, and strategic experience and driven significant growth, both organically and via M&A. He concurrently served as CFO at Avacta Group plc, Eleco plc and Altitude Group plc, playing a key role in multiple acquisitions and fund-raising rounds. Most recently, served as CEO of Proactis, he led the company through a successful take private transaction, then subsequently joined Aptamer Group plc as a non-executive Director and also maintained a fractional CFO portfolio supporting high-growth ventures. Tim qualified as a Chartered Accountant with KPMG.

Tim replaces Tony Ratcliffe, who joined the Group in August 2025 on a fixed-term contract to support the sale of the data centre business and the transition to a pure-play MSP. The sale of the data centre business to Stellanor Datacenters Group Limited successfully completed on 30 April 2026 with an estimated consideration of £122.85 million. Tony will remain with the business for a period to support an orderly transition.

Michelle Senecal De Fonseca, CEO, commented: "I am delighted to welcome Tim to the Redcentric Board. His extensive experience in scaling technology companies, executing M&A transactions and driving shareholder value on AIM will be highly valuable as we focus on accelerating growth in our MSP business. I would also like to thank Tony Ratcliffe for his significant contribution during a transformational period for the Group, and we wish him well with his future endeavours."

Additional information pursuant to Schedule Two, paragraph (g) of the AIM Rules for companies.

Timothy Sykes, aged 56, is currently or has previously been a director of the following companies within the past five years.

Current directorships	Previous directorships within the past five years
Aptamer Group PLC The Moorings Management (Filey) Limited	Proactis plc and subsidiaries* Rio AI Limited Rio AI (UK) Limited Data Connect Group Limited

In 2017, Mr Sykes was a director of Proactis Total Procure Limited, which was a Proactis joint venture in India, when it was compulsorily struck off having ceased to trade.

Save as set out in this announcement, there are no further details to be disclosed in pursuant to Schedule Two, paragraph (g) of the AIM Rules for companies.

*Proactis plc subsidiary directorships set out as follows:

EGS Group Holdings Limited

EGS Group Limited

Intelligent Capture Limited

Unity Marketplace Limited

Intelligent Capture Managed Services Limited

Feonline Limited

Proactis Overseas Limited

Perfect Commerce UK Limited

Due North Limited

Proactis Group Limited

Proactis Totalprocure Limited

Image Integrators Limited

Alito Limited

Alito (UK) Limited

Requisoft plc

Intersources (UK) Limited

Proactis Euro Hedgeco Limited

Proactis US Dollar Hedgeco Limited

Proactis tenders Limited

Proactis Accelerated Payments Limited

Proactis Overseas Limited

Proactis Limited

Proactis Holdings Limited

Proactis Inc

Proactis Pty Limited

PHD Developing Markets Limited

Proactis US Holdings Inc

Intesource Inc

Proactis France SAS

Proactis SA

Proactis Designated Activity Company (DAC)

Proactis GmbH

Proactis Deutschland GmbH

Proactis SA

TradeRanger US Inc

Hubwoo US Inc

Trade-Ranger Management LLC

Trade-Ranger Holdings LLC

Proactis LP

Proactis Southeast Asia Limited

Proactis Limited

Perfect Commerce LLC

Commerce One LLC

Perfect Commerce Operations Inc

Perfect Commerce Global Purchasing LLC

Compro Business Services LLC

Perfect Commerce UK Limited

Esize Holdings BV

Proactis BV

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For further information:

Redcentric plc      Richard McGuire, Chairman      Michelle Senecal de Fonseca, CEO	via Burson Buchanan www.redcentricplc.com
Cavendish Capital Markets Limited - Nomad and Broker     Marc Milmo / Callum Davidson (Corporate Finance)     Andrew Burdis / Sunila de Silva (ECM)	Tel: [phone]

For media enquiries:

Burson Buchanan (Financial Communications)    Henry Harrison-Topham / Jamie Hooper / Toto Berger	Tel: [phone] [e-mail]

Notes to Editors:

Redcentric has a strong track record in delivering IT managed services provision that empowers businesses to scale, innovate and grow in a rapidly evolving digital landscape. As technology continues to advance the Company's goal is to be the go-to-all-in-one infrastructure and managed IT service provider for customers of all sizes offering an unmatched range of products and solutions.

The Company's MSP division serves the private and public sectors with all their IT requirements.  The MSP division acts as an outsourced IT department, handling day to day maintenance and security of customers' IT infrastructures. This allows customers to improve security and efficiency and focus on growing their core businesses.

From infrastructure management and cloud services to cybersecurity and data analytics, Redcentric has a comprehensive suite of solutions designed to meet the diverse needs of modern businesses.

For additional information please visit www.redcentricplc.com

 

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