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Redcentric PLC (RCN)

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Thursday 26 April, 2018

Redcentric PLC

Award of public sector framework agreement

RNS Number : 1623M
Redcentric PLC
26 April 2018


26 April 2018


Redcentric plc

("Redcentric" or the "Company")


Award of public sector framework agreement


Redcentric plc (AIM: RCN), a leading UK IT managed services provider, is pleased to announce that it has been confirmed as the preferred supplier for Health and Social Care Network (HSCN)  and Public Services Network (PSN) services to the Yorkshire and Humber region.


The arrangement will connect public sector organisations across Yorkshire and the Humber region, reducing costs and enabling more efficient and integrated delivery of services. The framework agreement covers local authorities, emergency services, transport and health sectors and will include connectivity to the new Health and Social Care Network and Public Services Network. A total of 65 organisations will be able to connect up to 3,000 of their sites through Redcentric, rationalise their existing infrastructure and achieve significant savings by doing so.

Under the framework Redcentric will be providing connectivity services on its network. The framework is awarded for a period of four years and has the potential to add up to £15m to £20m of incremental revenue per year. Redcentric expects to deliver between £1m and £3m of revenue from the framework in the current financial year and expect this to increase over the life of the agreement as services are mobilised and rolled-out across the Yorkshire and Humber region.

Chris Jagusz, Chief Executive of Redcentric plc said, "We are proud to have been awarded this framework, it is a great example of a flexible and collaborative partnership between public and private sectors.  It also demonstrates Redcentric's credentials as a trusted and reliable technology partner."


Redcentric plc

Via Tulchan Communications

Chris Jagusz, Chief Executive Officer

Peter Brotherton, Chief Financial Officer

Numis Securities - NOMAD & Joint Broker                                         

+44 (0) 20 7260 1000

Simon Willis / Oliver Hardy / Tom Ballard

finnCap Ltd - Joint Broker                                                                           

+44 (0) 20 7220 0500

Stuart Andrews / Rhys Williams

Tulchan Communications                                                                           

+44 (0) 207 353 4200

James Macey White / Matt Low



Note for editors

More information on the Health and Social Care Network is available via the NHS Digital website.

This information is provided by RNS
The company news service from the London Stock Exchange

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