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Redcentric (RCN) Share News

IN BRIEF: Redcentric buys data centres and 4D to increase scale

12th Jul 2022 12:01

Redcentric PLC - Harrogate, North Yorkshire-based IT managed services - Buys three data centres from Sungard Availability Services UK Ltd for GBP10.1 million. Says the centres will add new recovery-based services to its offering. Further, it acquires 4D Data Centres Ltd for GBP10.0 million. Says both acquisitions will increase its capability and scale. Funds the acquisitions with its recently signed GBP80 million revolving credit facility. Read More

IN BRIEF: Redcentric Non-Executive Chair Bate buys GBP50,000 in shares

9th Jun 2022 13:05

Redcentric PLC - Harrogate, North Yorkshire-based IT managed services - Non-Executive Chair Nick Bate buys 40,000 shares at GBP1.2375 each, worth GBP49,500, in London on Tuesday. Bate now interested in 40,000 shares, a 0.026% stake. Read More

IN BRIEF: Redcentric to buy Sungard assets for up to GBP22 million

7th Jun 2022 14:54

Redcentric PLC - Harrogate, England-based IT services provider - Says its subsidiary Redcentric Solutions Ltd has signed conditional contracts to buy the business and assets from Sungard Availability Services Ltd, an IT service management company. The acquisition relates to the operation of up to three Sungard data centres and network services from Sungard. Initial minimum cash consideration to be paid on completion for the acquisition is GBP11 million and the maximum consideration is GBP22 million. Read More

TRADING UPDATES: In The Style, International Personal Finance upbeat

28th Apr 2022 20:58

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Redcentric refinances debt facilities to GBP100 million

27th Apr 2022 16:49

Redcentric PLC - Harrogate, England-based IT services provider - Completes and increases the refinance of its debt facilities due to mature on June 30. The new facilities consist of a GBP80 million revolving credit facility and a GBP20 million accordion facility. They have an initial maturity date of April 26, 2025 with options to extends by a further one or two years. Company says the new facility will be used for working capital purposes and to fund acquisitions. Read More

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