REG - Redcentric PLC - Director/PDMR Shareholding

RedcentricAnnouncement

23/08/2024 14:45

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RNS Number : 6412B  Redcentric PLC  23 August 2024

Redcentric plc

 

Director/PDMR Shareholdings

 

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT
managed services provider, announces that on 23 August 2024 certain Directors
of the Company and their persons closely associated ("PCA"), exercised options
over, in aggregate, 109,802 ordinary shares of 0.1p in the Company ("Ordinary
Shares") and subsequently sold this number of Ordinary Share as set out below:

 

 Name              Position                 No of options exercised  Ordinary Shares Sold  Price    Resultant Holding  % of total voting rights
 Peter Brotherton  Chief Executive Officer  70,234                   70,234                £1.315   452,479            0.29%
 David Senior      Chief Financial Officer  39,568                   39,568                £1.315   113,090            0.07%

 

The Company is issuing 109,802 Ordinary Shares to satisfy the Exercise.
Application has been made to the London Stock Exchange for these 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 2 September 2024.

Following Admission, the Company's issued share capital will consist
of 159,006,988 Ordinary Shares, 618,188 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 158,388,800 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.

The notifications below, which have been made in accordance with the
requirements of the Market Abuse Regulation, provide further detail.

Enquiries:

 Redcentric plc                                             +44 (0)800 983 2522

 Peter Brotherton, Chief Executive Officer

 David Senior, Chief Financial Officer

 Cavendish Capital Markets Limited - Nomad and Sole Broker  +44 (0)20 7220 0500

 Marc Milmo (Corporate Finance)

 Andrew Burdis / Sunila de Silva (ECM)

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1.    Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Peter Brotherton
 2.    Reason for the Notification
 a)    Position/status                                              Chief Executive Officer
 b)    Initial notification/Amendment                               Initial notification
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Redcentric plc
 b)    LEI                                                          213800FGYMMNE9OKFD14
 4.    Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each
       place where transactions have been conducted
 a)    Description of the Financial instrument, type of instrument  ordinary shares of 0.1p
       Identification code                                          GB00B7TW1V39
 b)    Nature of the transaction                                    Exercise of options and sale of ordinary shares

 c)    Price(s) and volume(s)                                       Exercise of options

Volume  Exercise price
                                                                    70,234  0.1p

 

                                                                    Sale of shares

Volume  Price
                                                                    70,234  £1.315
 d)    Aggregated information:                                      Two transactions - see 4 (c) above

       ·      Aggregated volume

       ·    Price
 e)    Date of the transactions                                     23 August 2023
 f)    Place of the transaction                                     1)   Exercise of options - N/A

                                                                    2)   Sale of shares - London Stock Exchange, AIM Market (XLON)

 

Sale of shares

 Volume  Price
 70,234  £1.315

d)

Aggregated information:

·      Aggregated volume

·    Price

Two transactions - see 4 (c) above

e)

Date of the transactions

23 August 2023

f)

Place of the transaction

1)   Exercise of options - N/A

2)   Sale of shares - London Stock Exchange, AIM Market (XLON)

 

 

  1.     Details of the person discharging managerial responsibilities / person closely
         associated
 a)      Name                                                         David Senior

 2.      Reason for the Notification
 a)      Position/status                                              Chief Financial Officer
 b)      Initial notification/Amendment                               Initial notification
 3.      Details of the issuer, emission allowance market participant, auction
         platform, auctioneer or auction monitor
 a)      Name                                                         Redcentric plc
 b)      LEI                                                          213800FGYMMNE9OKFD14
 4.      Details of the transaction(s): section to be repeated for (i) each type of
         instrument; (ii) each type of transaction; (iii) each date; and (iv) each
         place where transactions have been conducted
 a)      Description of the Financial instrument, type of instrument  ordinary shares of 0.1p
         Identification code                                          GB00B7TW1V39
 b)      Nature of the transaction                                    Exercise of options and sale of ordinary shares

 c)      Price(s) and volume(s)                                       Exercse of options

Volume  Exercise price
                                                                      39,568  0.1p

 

                                                                      Sale of shares

Volume  Price
                                                                      39,568  £1.315
 d)      Aggregated information:                                      Two transactions - see 4 (c) above

         ·      Aggregated volume

         ·    Price
 e)      Date of the transactions                                     23 August 2023
 f)      Place of the transaction                                     1)   Exercise of options - N/A

                                                                      2)   Sale of shares - London Stock Exchange, AIM Market (XLON)

 

Sale of shares

 Volume  Price
 39,568  £1.315

d)

Aggregated information:

·      Aggregated volume

·    Price

Two transactions - see 4 (c) above

e)

Date of the transactions

23 August 2023

f)

Place of the transaction

1)   Exercise of options - N/A

2)   Sale of shares - London Stock Exchange, AIM Market (XLON)

 

 

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