Redcentric Announces Employee Share Options Exercise

Redcentric (GB:RCN) has released an update.

Redcentric plc, a premier UK IT managed services provider, has announced that 59,180 employee-held share options have been exercised under its 2014 SAYE Option Plan, leading to the transfer of the same number of shares from Treasury to meet this demand. Following the transaction, the Company’s issued share capital now stands at 159,109,475 Ordinary Shares, with 559,008 shares remaining in Treasury. Investors are advised to use the figure of 158,550,467 Ordinary Shares, which excludes shares held in Treasury, for disclosures and transparency rules compliance.

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