Completion of Disposal

Summary by AI BETAClose X

Redcentric plc has successfully completed the disposal of Redcentric Data Centres Limited, receiving a final cash consideration of £124.90 million, which is higher than the initially estimated £122.85 million. The company received an initial payment of £115.4 million on April 30, 2026, and has now received the final balancing payment of £9.46 million from Stellanor Datacenters Group Limited.

Disclaimer*

Redcentric PLC
18 September 2026
 

18 September 2026

 

Redcentric plc

(‘Redcentric’, the ‘Company’ or the ‘Group’)

 

Completion of Disposal

 

Redcentric plc (AIM: RCN), a leading UK IT managed services provider, is pleased to announce the completion of the sale of Redcentric Data Centres Limited to Stellanor Datacenters Group Limited (the ‘Disposal’).

 

On 1 May 2026, the Company announced that it expected an estimated total cash consideration of £122.85 million from the Disposal, of which £115.4 million was received on 30 April 2026 and the balance subject to customary post-completion adjustments.

 

With the completion statement agreed the final cash consideration for the Disposal was higher than estimated at £124.90 million and the Company has received the final balancing payment of £9.46 million from Stellanor.

 

- Ends -

 

For further information:

   Redcentric plc

   Michelle Senecal de Fonseca, CEO

   Tim Sykes, CFO

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: +44 (0) 20 7220 0500

 

For media enquiries:

 

Burson Buchanan – Financial Communications

Henry Harrison-Topham / Jamie Hooper / Toto Berger

Tel: +44 (0) 20 7466 5000

redcentric@buchanancomms.co.uk

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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Redcentric (RCN)
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