CatalystWireBeta

Director/PDMR Shareholding

In brief · summary, not quotable

Redcentric plc has announced a notification regarding shareholdings of Non-Executive Director Oliver Scott, who is also a partner at Kestrel Partners LLP. A total of 19,500 ordinary shares have been transferred out of Kestrel's discretionary management due to client portfolio rearrangement, though the beneficial owner remains the same. Following this, Kestrel Opportunities, in which Mr. Scott has a beneficial interest, continues to hold 16,715,306 ordinary shares, and Mr. Scott personally holds 6,089 shares. In total, Kestrel indirectly holds voting rights over 32,528,519 ordinary shares, representing approximately 20.42 per cent of the Company's total voting rights.

Full announcement

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 notification from Mr. Oliver Scott, Non-Executive Director, that an aggregate of 19,500 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 rearrangement of a client portfolio. These shares continue to be held by the same beneficial owner.

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 15,807,124 Ordinary Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 32,528,519 Ordinary Shares in the Company, which represents approximately 20.42 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:

NomineeNo. of Ordinary Shares% of total voting rights
Bank of New York Nominees Ltd16,715,30610.49%
Bank of New York Nominees Ltd12,485,8707.84%
Northern Trust Company AVFC3,105,4361.95%
iDealing Nominees Limited21 5,8180.14%
Certificated Shares held by Oliver Scott6,0890.00%
1Details of the person discharging managerial responsibilities / person closely associated
a)NameOliver Scott
2Reason for the notification
b)Initial notification /AmendmentInitial
a)NameRedcentric plc
b)LEI213800FGYMMNE9OKFD14
a)Description of the financial instrument, type of instrument Identification code0.1 pence Ordinary Shares ISIN: GB00B7TW1V39
b)Nature of the transactionTransfer 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 19,500
d)Aggregated information - Aggregated volume - PriceAs above.
e)Date of the transaction07 April 2026
f)Place of the transactionLondon Stock Exchange

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note