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Redcentric Announces Employee Share Option Exercise

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Redcentric Announces Employee Share Option Exercise

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Redcentric ( (GB:RCN) ) has issued an update.

Redcentric plc announced the exercise of employee share options resulting in the transfer of 248,632 ordinary shares from Treasury to active circulation. The company’s issued share capital now consists of 159,145,913 Ordinary Shares, with 302,069 remaining in Treasury, impacting shareholder reporting under FCA rules by highlighting the importance of excluding Treasury-held shares when determining voting share capital.

More about Redcentric

Redcentric plc is a leading UK IT managed services provider offering a range of services in the information technology sector.

YTD Price Performance: 0.20%

Average Trading Volume: 251,731

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £201M

Learn more about RCN stock on TipRanks’ Stock Analysis page.

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