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Redcentric Announces Exercise of Share Options

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Redcentric Announces Exercise of Share Options

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

Redcentric plc has announced the exercise of employee share options concerning 3,604 ordinary shares as part of its Save As You Earn Option Plan 2014. This development slightly adjusts the company’s share capital, with 159,145,913 ordinary shares in circulation and 251,186 held in Treasury, impacting how shareholders calculate their interest in the company.

More about Redcentric

Redcentric plc is a leading UK IT managed services provider, offering various technology solutions to businesses. The company is focused on delivering comprehensive IT services that align with market needs.

YTD Price Performance: -4.80%

Average Trading Volume: 252,399

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £189.4M

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

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