Exercise of Options
Redcentric plc announced the exercise of employee share options for 6,267 ordinary shares, resulting in the issuance of an equal number of new ordinary shares. These new shares are expected to be admitted to trading on AIM on or around March 19, 2026. Following this admission, the company's total issued share capital will be 159,311,099 ordinary shares, with 496 held in treasury, meaning the issued voting share capital will stand at 159,310,603 ordinary shares for regulatory reporting 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 6,267 ordinary shares of 0.1p each in the Company ('Ordinary Shares').
To satisfy the Exercise the Company is issuing 6,267 new Ordinary Shares. Application has been made to the London Stock Exchange for the 6,267 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 19 March 2026.
Following Admission, the Company's issued share capital will consist of 159,311,099 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 159,310,603 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.