REG - Redcentric PLC - Exercise of Options

RedcentricAnnouncement

22/08/2024 07:01

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RNS Number : 3130B  Redcentric PLC  22 August 2024

Redcentric plc

 

Exercise of Options

 

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT
managed services provider, announces that it received notice of exercise
("Exercise") in relation to employee share options over 12,267 ordinary shares
of 0.1p each in the Company ("Ordinary Shares"). Accordingly, the Company is
issuing 12,267 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
Option Shares at 8.00 a.m. on or around 28 August 2024. Following Admission,
the Company's issued share capital will consist of 158,897,186 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 158,278,998
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

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

 Marc Milmo (Corporate Finance)

 Andrew Burdis / Sunila de Silva (ECM)

 

 

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