Exercise of Options
Redcentric plc has announced the exercise of employee share options for 5,601 ordinary shares, which were satisfied by transferring shares from treasury. Following this transaction, the company's issued share capital stands at 103,071,740 ordinary shares, with 21,539 remaining in treasury. For regulatory reporting purposes, shareholders should consider the issued voting share capital to be 103,050,201 shares when determining notification requirements.
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Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that it received notice of exercise ("Exercise") in relation to employee share options over 5,601 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 5,601 shares previously held in Treasury. Following the transfer, the Company's issued share capital will consist of 103,071,740 Ordinary Shares, 21,539 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 103,050,201 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.