Exercise of Options
Redcentric PLC announced the exercise of employee share options over 48,748 ordinary shares of 0.1p each under the Save As You Earn Option Plan 2014. To satisfy this, the company is issuing 48,748 new ordinary shares, with admission to trading on AIM expected around October 16, 2025. Following admission, the company's issued share capital will consist of 159,229,659 ordinary shares, with 2,369 held in Treasury. Therefore, the issued voting share capital for disclosure purposes is 159,227,260 ordinary shares.
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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 48,748 ordinary shares of 0.1p each in the Company ('Ordinary Shares') issued under the Company's Save As You Earn ('SAYE') Option Plan 2014.
To satisfy the Exercise the Company is issuing 48,748 new Ordinary Shares. Application has been made to the London Stock Exchange for the 48,748 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 new Ordinary Shares at 8.00 a.m. on or around 16 October 2025.
Following Admission, the Company's issued share capital will consist of 159,229,659 Ordinary Shares, 2,369 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 159,227,260 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.