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Redcentric plc announced on 28 November 2024 that it received notice of exercise for employee share options over 11,403 ordinary shares of 0.1p each. The company is issuing these 11,403 new ordinary shares, for which admission to trading on AIM is expected around 3 December 2024. Following admission, Redcentric's total issued share capital will comprise 159,131,014 Ordinary Shares, with 158,580,313 representing the issued voting share capital.
| Date | 28 Nov 2024 |
| Time | 07:00:05 |
| Category | Capital structure |
| ID | 9260N |
Redcentric plc
("Redcentric" or the "Company" or the "Group")
Exercise of Options
Redcentric plc (AIM: RCN), a leading UK IT managed services provider, announces that it received notice of exercise ("Exercise") in relation to employee share options over 11,403 ordinary shares of 0.1p each in the Company ("Ordinary Shares"). Accordingly, the Company is issuing 11,403 Ordinary Shares to satisfy the Exercise.
Application has been made to the London Stock Exchange for these new ordinary shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will be effective and dealings will commence in respect of the Ordinary Shares at 8.00 a.m. on or around 3 December 2024. Following Admission, the Company's issued share capital will consist of 159,131,014 Ordinary Shares, 550,701 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 158,580,313 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:
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Redcentric plc Peter Brotherton, Chief Executive Officer David Senior, Chief Financial Officer
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+44 (0)800 983 2522 |
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Cavendish Capital Markets Limited - Nomad and Sole Broker Marc Milmo / Callum Davidson / Rory Sale (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM) |
+44 (0)20 7220 0500 |