Exercise of Options
Summary by AI BETAClose X
3 October 2025
Redcentric plc
('Redcentric' or the 'Company')
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 134,890 ordinary shares of 0.1p each in the Company ('Ordinary Shares') issued under the Company's Save As You Earn (SAYE) Option Plan 2014.
To satisfy the Exercise the Company has transferred 99,922 shares previously held in Treasury and is issuing 34,968 new Ordinary Shares. Application has been made to the London Stock Exchange for the 34,968 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 new Ordinary Shares at 8.00 a.m. on or around 7 October 2025.
Following Admission, the Company's issued share capital will consist of 159,180,881 Ordinary Shares, 2,369 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 159,178,512 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.
- Ends -
Enquiries:
|
Redcentric plc Michelle Senecal De Fonseca, CEO Tony Ratcliffe, CFO |
via Burson Buchanan |
|
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 |
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. 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.
The Company operates through two distinct divisions:
Managed Services Provider ('MSP'): Servicing 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.
Data Centres ('DC') Portfolio of eight well invested data centres with 41MW of available capacity strategically located across the UK from London to West Yorkshire. DC serves a diverse blue chip customer base, providing critical services to Enterprise-grade clients and Government entities reliant on secure data centres and uninterrupted connectivity.
For additional information please visit www.redcentricplc.com
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