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Redcentric Adjusts Share Capital Following Employee Options Exercise

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Redcentric Adjusts Share Capital Following Employee Options Exercise

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An update from Redcentric ( (GB:RCN) ) is now available.

Redcentric plc has announced the exercise of employee share options, resulting in the issuance of 47,279 ordinary shares from treasury stock. This adjustment impacts the company’s issued share capital, which now stands at 159,145,913 ordinary shares, with 158,891,123 shares constituting the voting share capital. This move could potentially influence shareholder interests and the company’s market positioning in the IT managed services sector.

More about Redcentric

Redcentric plc is a prominent UK-based company specializing in IT managed services. They focus on providing comprehensive IT support and solutions across various sectors, enhancing business capabilities through technology.

YTD Price Performance: -5.80%

Average Trading Volume: 251,743

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £185.8M

For a thorough assessment of RCN stock, go to TipRanks’ Stock Analysis page.

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