Update on Capital Reduction

Summary by AI BETAClose X

Redcentric plc has announced that the Court has sanctioned its proposed Capital Reduction, a necessary step to facilitate a return of up to £90 million in cash to shareholders via a tender offer. The Capital Reduction is expected to become effective on or before July 3, 2026, upon registration with the Registrar of Companies, with the number of shares admitted to trading remaining unchanged. A further announcement will confirm the effective date and the final tender offer timetable.

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Redcentric (RCN)
UK 100

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