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Issue of Equity

5th Oct 2021 07:00

RNS Number : 9806N
Redcentric PLC
05 October 2021
 

 

Redcentric plc

("Redcentric" or the "Group") 

Exercise of Options

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that following an exercise of options pursuant to the Company's 2017 Long Term Incentive Plan, it has issued and allotted 31,954 new ordinary shares in the Company ("Ordinary Shares"). Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on or around the 15 October 2021.

As a result, the Company's issued share capital now consists of 156,247,664 Ordinary Shares, 19,703 of which remain held in Treasury. For reporting under the FCA's Disclosure Guidance and Transparency Rules, shareholders should exclude any Ordinary Shares held in Treasury and should use the figure of 156,227,961 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.

Enquiries:

Redcentric plc +44 (0)800 983 2522

Peter Brotherton, Chief Executive Officer

David Senior, Chief Financial Officer

finnCap Ltd - Nomad and Broker +44 (0)20 7220 0500

Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance)

Andrew Burdis / Sunila de Silva (ECM)

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