Issue of Equity
Updated : 07:00
Redcentric plc
Issue of Equity
Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that on 22 July 2021 it received notifications of exercise in relation to employee share options over 50,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares"), pursuant to the Company's 2017 Long Term Incentive Plan (the "Option Exercise").
Accordingly, application has been made for the 50,000 new Ordinary Shares to be issued pursuant to the Option Exercise to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on or around 30 July 2021.
Following Admission, the Company's issues share capital will consist of 156,215,710 Ordinary Shares. The Company holds 21,208 Ordinary Shares in Treasury and therefore on Admission the total number of issued Ordinary Shares with voting rights will be 156,194,502. This figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Redcentric plc Peter Brotherton, Chief Executive Officer David Senior, Chief Financial Officer
| +44 (0)800 983 2522 |
finnCap Ltd - Nomad and Sole Broker Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM) | +44 (0)20 7220 0500 |
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