Redcentric (GB:RCN) has released an update.
Redcentric plc, a prominent UK IT managed services provider, announced that Kestrel Partners LLP has expanded its stake in the company by acquiring an additional 63,345 ordinary shares. This purchase increases Kestrel’s voting rights to approximately 20.67% of Redcentric’s total voting rights, highlighting a significant influence in the company’s decision-making process. Investors might find this move noteworthy as it underscores the strategic interests held by major stakeholders in Redcentric.
For further insights into GB:RCN stock, check out TipRanks’ Stock Analysis page.