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RCN.GB Redcentric Plc

124.27
-3.73 (-2.91%)
09:54:21 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Redcentric Plc AQSE:RCN.GB Aquis Stock Exchange Ordinary Share GB00B7TW1V39
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.73 -2.91% 124.27 123.00 133.00 128.00 124.27 128.00 1 09:54:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Redcentric PLC Issue of options (revised) (1035T)

30/12/2016 12:55pm

UK Regulatory


Redcentric (AQSE:RCN.GB)
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TIDMRCN

RNS Number : 1035T

Redcentric PLC

30 December 2016

The following announcement has been made to replace RNS Number 9999S released on 29 December 2016 which incorrectly stated the number of ordinary shares held by Mo Siddiqi, Chief Operating Officer. The correct version of the announcement is below:

Redcentric plc ("Redcentric" or the "Company")

Issue of Options

Redcentric plc (AIM: RCN), today announces that on 28 December 2016 it granted the following options to acquire new ordinary shares of 0.1 pence each in the Company under the Company's 2016 Long Term Incentive Plan ("Options"):

Peter Brotherton, Chief Financial Officer: 161,905 Options at nil-cost subject to performance conditions*.

Mo Siddiqi, Chief Operating Officer: 257,143 Options at nil-cost subject to performance conditions*, 250,000 Options at an exercise price of 84 pence subject to performance conditions** and 250,000 Options at an exercise price of 84 pence with no performance conditions***.

* Performance conditions based on compound annual growth in diluted earnings per share from the financial period ending 31 March 2016 to 31 March 2019.

** Performance conditions based on compound annual growth in diluted earnings per share from the financial period ended 31 March 2016 to 31 March 2018.

*** These Options are not subject to performance conditions and are capable of vesting from 1 October 2017.

Peter Brotherton currently holds no shares in the Company.

Mo Siddiqi currently holds 15,099 shares in the Company representing 0.01% of the Company's issued share capital.

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  --------------------------------------------------------------------- 
 a)    Name                       Peter Brotherton 
----  -------------------------  ------------------------------------------ 
 2     Reason for the notification 
----  --------------------------------------------------------------------- 
 a)    Position/status            Chief Financial Officer 
----  -------------------------  ------------------------------------------ 
 b)    Initial                    Initial Notification 
        notification 
        /Amendment 
----  -------------------------  ------------------------------------------ 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  --------------------------------------------------------------------- 
 a)    Name                       Redcentric plc 
----  -------------------------  ------------------------------------------ 
 b)    Legal Entity               N/A 
        Identifier 
----  -------------------------  ------------------------------------------ 
 4     Details of the transaction(s): section to be 
        repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; 
        and (iv) each place where transactions have 
        been conducted 
----  --------------------------------------------------------------------- 
 a)    Description                Options to acquire new ordinary shares 
        of the financial           of 0.1p each 
        instrument,                GB00B7TW1V39 
        type of 
        instrument 
        Identification 
        code 
----  -------------------------  ------------------------------------------ 
 b)    Nature of                  Grant of options 
        the transaction 
----  -------------------------  ------------------------------------------ 
 c)    Currency                   GBP 
----  -------------------------  ------------------------------------------ 
 d)    Price(s)                        Price(s)              Volume(s) 
        and volume(s) 
----  -------------------------  --------------------  -------------------- 
                        Nil-cost                              161,905 
  ---------------------------------------------------  -------------------- 
 
 e)    Aggregated                 N/A - single transaction 
        information 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
----  -------------------------  ------------------------------------------ 
 f)    Date of                    28 December 2016 
        the transaction 
----  -------------------------  ------------------------------------------ 
 g)    Place of                   Outside of a trading venue 
        the transaction 
----  -------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------- 
 a)    Name                       Mo Siddiqi 
----  -------------------------  ----------------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/status            Chief Operating Officer 
----  -------------------------  ----------------------------------------- 
 b)    Initial                    Initial Notification 
        notification 
        /Amendment 
----  -------------------------  ----------------------------------------- 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  -------------------------------------------------------------------- 
 a)    Name                       Redcentric plc 
----  -------------------------  ----------------------------------------- 
 b)    Legal Entity               N/A 
        Identifier 
----  -------------------------  ----------------------------------------- 
 4     Details of the transaction(s): section to be 
        repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; 
        and (iv) each place where transactions have 
        been conducted 
----  -------------------------------------------------------------------- 
 a)    Description                Options to acquire new ordinary shares 
        of the financial           of 0.1p each 
        instrument,                GB00B7TW1V39 
        type of 
        instrument 
        Identification 
        code 
----  -------------------------  ----------------------------------------- 
 b)    Nature of                  Grant of options 
        the transaction 
----  -------------------------  ----------------------------------------- 
 c)    Currency                   GBP 
----  -------------------------  ----------------------------------------- 
 d)    Price(s)                        Price(s)             Volume(s) 
        and volume(s) 
----  -------------------------  -------------------  -------------------- 
                                       Nil-cost              257,143 
                                          84p                250,000 
                                          84p                250,000 
 ------------------------------  -------------------  -------------------- 
 
 e)    Aggregated                 N/A - single transaction 
        information 
        - Aggregated 
        volume 
        - Price 
        - Aggregated 
        total 
----  -------------------------  ----------------------------------------- 
 f)    Date of                    28 December 2016 
        the transaction 
----  -------------------------  ----------------------------------------- 
 g)    Place of                   Outside of a trading venue 
        the transaction 
----  -------------------------  ----------------------------------------- 
 

Enquiries:

 
                                      +44 (0)845 034 
 Redcentric plc                        111 
 Fraser Fisher, Chief Executive 
  Officer 
 Peter Brotherton, Chief Financial 
  Officer 
 
                                      +44 (0)20 7353 
 Tulchan                               4200 
 James Macey White / Matt Low 
 
 Numis Securities Limited - Nomad     +44 (0)20 7260 
  & Joint Broker                       1000 
 Simon Willis / Oliver Hardy / 
  Ben Stoop 
 
                                      +44 (0)20 7220 
 finnCap Ltd - Joint Broker            0500 
 Stuart Andrews / Rhys Williams 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCTMBTTMBAJBJF

(END) Dow Jones Newswires

December 30, 2016 07:55 ET (12:55 GMT)

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