Exercise of Options
Redcentric plc announced the exercise of employee share options for 4,008 ordinary shares, leading to the issuance of an equal number of new shares. These new shares are expected to be admitted to trading on AIM on or around January 6, 2026. Following this admission, the company's total issued share capital will be 159,295,465 ordinary shares, with 496 held in treasury, resulting in a voting share capital of 159,294,969 shares for disclosure purposes.
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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 4,008 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 4,008 new Ordinary Shares. Application has been made to the London Stock Exchange for the 4,008 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 6 January 2026.
Following Admission, the Company's issued share capital will consist of 159,295,465 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 159,294,969 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.