Director/PDMR Shareholding
Redcentric plc announced that Non-Executive Director Oliver Scott was notified that 61,416 ordinary shares were transferred out of Kestrel Partners LLP's discretionary management due to client portfolio rearrangements, though beneficial ownership remains unchanged. Following this, Kestrel Opportunities, in which Mr. Scott has a beneficial interest, continues to hold 16,715,306 shares, and Mr. Scott personally holds 6,089 shares, bringing Kestrel's total indirect voting rights to 32,548,019 shares, representing approximately 20.43% of the company's total voting rights.
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Redcentric plc (AIM:RCN), a leading UK IT managed services provider, announces that it received notification from Mr. Oliver Scott, Non-Executive Director, that an aggregate of 61,416 ordinary shares of 0.1 pence each (all ordinary shares in the company referred to as 'Shares') have been transferred out of Kestrel Partners LLP's ('Kestrel') discretionary management and control due to rearrangements of two client portfolios. These shares continue to be held by the same beneficial owners.
Following this notification, Kestrel Opportunities continues to hold (and consequently Mr. Scott is deemed to have a beneficial interest in) 16,715,306 Ordinary Shares in the Company. Mr Scott also holds 6,089 shares in certificated form. Other clients of Kestrel, in which Mr. Scott has no beneficial interest, hold 15,826,624 Ordinary Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 32,548,019 Ordinary Shares in the Company, which represents approximately 20.43 per cent of the total voting rights in the Company.
Kestrel's interest in the Shares in the Company is held through the following nominees:
| Nominee | No. of Ordinary Shares | % of total voting rights |
|---|---|---|
| Bank of New York Nominees Ltd | 16,715,306 | 10.49% |
| JIM Nominees Limited | 19,500 | 0.02% |
| Bank of New York Nominees Ltd | 12,485,870 | 7.84% |
| Northern Trust Company AVFC | 3,105,436 | 1.95% |
| iDealing Nominees Limited | 21 5,818 | 0.17% |
| Certificated Shares held by Oliver Scott | 6,089 | 0.00% |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Oliver Scott |
| 2 | Reason for the notification | |
| b) | Initial notification /Amendment | Initial |
| a) | Name | Redcentric plc |
| b) | LEI | 213800FGYMMNE9OKFD14 |
| a) | Description of the financial instrument, type of instrument Identification code | 0.1 pence Ordinary Shares ISIN: GB00B7TW1V39 |
| b) | Nature of the transaction | Transfer of Shares out of Kestrel controlled accounts. Mr. Scott is a partner of, and holds a beneficial interest in, Kestrel. Mr. Scott is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities"), and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in Shares in Redcentric. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) N/A 61,416 |
| d) | Aggregated information - Aggregated volume - Price | As above. |
| e) | Date of the transaction | 31 March 2026 |
| f) | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.