Exercise of Options
Redcentric plc has announced the exercise of employee share options for 1,873 ordinary shares, which will be satisfied by transferring shares from treasury. Following this transaction, the company's total issued share capital will be 159,270,848 ordinary shares, with 496 remaining in treasury. For regulatory reporting purposes, shareholders should consider the issued voting share capital of 159,270,352 ordinary shares when determining notification requirements.
Select text to share a quote on X · sign in to keep highlights & notes in your RCN notes
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 1,873 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 has transferred 1,873 shares previously held in Treasury. Following the transfer, the Company's issued share capital will consist of 159,270,848 Ordinary Shares, 496 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 159,270,352 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.