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Redcentric ( (GB:RCN) ) has shared an announcement.
Redcentric has issued 5,620 new ordinary shares following the exercise of employee options granted under its 2014 Save As You Earn scheme, reflecting ongoing participation in its employee share incentive arrangements. The new shares, expected to begin trading on AIM around 15 January 2026, will increase the company’s total issued share capital to 159,301,085 ordinary shares (of which 159,300,589 carry voting rights), a small technical adjustment that slightly broadens the equity base and updates the reference figure for shareholders’ disclosure obligations under FCA 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 IT managed services provider, delivering cloud, network, and related technology services to business and public-sector customers, with its shares traded on AIM in London.
Average Trading Volume: 79,102
Technical Sentiment Signal: Sell
Current Market Cap: £190M
See more data about RCN stock on TipRanks’ Stock Analysis page.