Purchase of Fractional Entitlements and TVR
Summary by AI BETAClose X
6 August 2026
Redcentric plc
('Redcentric', the 'Company' or the 'Group')
Purchase of Fractional Entitlements and Total Voting Rights
Redcentric plc (AIM: RCN), a leading UK IT managed services provider, announces that, in connection with the fractional entitlements arising from the recent Share Capital Restructure, the Company has purchased 26,660 Ordinary Shares representing the aggregate fractional entitlements ("Fractional Shares") into Treasury on 5 August 2026 at a price of 160p per share, being the Tender Price.
Unless otherwise defined, capitalised terms in this announcement shall have the same meaning as those set out in the circular published by the Company on 19 June 2026 (the "Circular").
As described in the Circular, the proceeds of the sale of Fractional Shares will be paid in due proportion to the relevant Shareholders.
As a result of the purchase of the Fractional Shares into Treasury, with effect from today, the Company's total issued share capital remains unchanged at 103,071,740 Ordinary Shares, of which 27,140 Ordinary Shares are now held in Treasury. Accordingly, the total voting rights of the Company is now 103,044,600. The figure of 103,044,600 may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
- Ends -
Enquiries:
|
Redcentric plc Michelle Senecal De Fonseca, CEO Tim Sykes, 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.
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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