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Redcentric PLC (RCN)

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Thursday 22 November, 2018

Redcentric PLC

Directorate Change

RNS Number : 1402I
Redcentric PLC
22 November 2018
 

 

22 November 2018

 

Redcentric plc

("Redcentric" or the "Company")

 

Board Changes

 

Redcentric today announces the resignation of Chris Jagusz both from the Board and as Chief Executive, effective immediately.  Peter Brotherton, Chief Financial Officer, will assume Chief Executive responsibilities while a formal process to appoint a permanent Chief Executive is carried out. 

 

Chris Cole, Chairman, commented:

 

"The results announcement today, whilst showing Redcentric's resilience, does not demonstrate progress with regard to sales, delivery and execution.  The Board has therefore decided that Redcentric's growth ambitions would be better served with a change of leadership.  We have therefore taken the decision that Chris Jagusz will leave us forthwith. We would like to thank Chris for his efforts.''

 

 

Enquiries:

 

Redcentric plc

Via Tulchan Communications

Chris Cole, Chairman

Peter Brotherton, Chief Financial Officer



Numis Securities - NOMAD & Joint Broker                                         

+44 (0) 20 7260 1000

Simon Willis / Oliver Hardy



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

 


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