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Redcentric ( (GB:RCN) ) has issued an announcement.
Redcentric plc has issued 4,008 new ordinary shares following the exercise of employee options under its 2014 Save As You Earn scheme, with the new shares expected to begin trading on AIM around 6 January 2026. After admission of these shares, Redcentric’s total issued share capital will rise to 159,295,465 ordinary shares, of which 496 are held in treasury, giving a voting share capital of 159,294,969 shares for the purposes of regulatory disclosure thresholds under the FCA’s transparency rules.
The most recent analyst rating on (GB:RCN) stock is a Hold with a £122.00 price target. To see the full list of analyst forecasts on Redcentric stock, see the GB:RCN Stock Forecast page.
Spark’s Take on GB:RCN Stock
According to Spark, TipRanks’ AI Analyst, GB:RCN is a Neutral.
Redcentric’s overall stock score reflects a company undergoing strategic transition. The most significant factor is the financial performance, which shows mixed results with challenges in revenue and profitability. Technical analysis indicates bearish momentum, while valuation suggests potential overvaluation. However, positive corporate events provide a strategic focus that could improve future performance.
To see Spark’s full report on GB:RCN stock, click here.
More about Redcentric
Redcentric plc is a leading UK-based IT managed services provider listed on AIM, offering technology and infrastructure services to business customers. The company focuses on delivering managed IT solutions across the UK market, supporting clients’ digital and operational needs.
Average Trading Volume: 86,673
Technical Sentiment Signal: Sell
Current Market Cap: £190M
For detailed information about RCN stock, go to TipRanks’ Stock Analysis page.