![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Redcentric PLC | AQSE:RCN.GB | Aquis Stock Exchange | Ordinary Share | GB00B7TW1V39 | Ordinary Shares 0.1p |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 140.00 | 133.00 | 147.00 | 140.00 | 139.00 | 140.00 | 0.00 | 08:40:44 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRCN
RNS Number : 0935N
Redcentric PLC
20 September 2023
Redcentric plc
Grant of Options and PDMR Shareholding
Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that it has granted a total of 2,040,861 options over new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") under the Company's 2016 Long Term Incentive Plan ("LTIP Options"). The LTIP Options are three-year, nominal cost (0.1p) options and subject to continued employment and the meeting of certain performance conditions described below. 952,650 of the LTIP Options were granted to executive directors of the Company as follows:
-- 605,620 LTIP Options were granted to Peter Brotherton, Chief Executive Officer of the Company, following which Mr. Brotherton holds a total of 1,799,219 options over Ordinary Shares and 437,136 Ordinary Shares (representing approximately 0.28% of the Company's issued voting share capital); and
-- 347,030 LTIP Options were granted to David Senior, Chief Financial Officer of the Company, following which Mr. Senior holds a total of 1,011,396 options over Ordinary Shares and 106,550 Ordinary Shares (representing approximately 0.07% of the Company's issued voting share capital).
The LTIP Options in respect of the executive directors have a value equal to 200% of salary with the first 100% of salary based on absolute Total Shareholder Return ("TSR") between 5% and 10% p.a. and the additional 100% of salary based on stretch absolute TSR targets of 10% to 15% p.a.
Following the grant of the LTIP Options, there are options outstanding over 6,351,922 Ordinary Shares, representing 4.1% of the Company's issued voting share capital.
The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.
Enquiries:
Redcentric plc Peter Brotherton, Chief Executive Officer +44 (0)800 983 David Senior, Chief Financial Officer 2522 finnCap Ltd - Nomad and Sole Broker Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance) +44 (0)20 7220 Andrew Burdis / Sunila de Silva (ECM) 0500
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 Executive Officer -------------------------------- ------------------------------------------------ b) Initial notification Initial Notification /Amendment -------------------------------- ------------------------------------------------ 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---------------------------------------------------------------------------------- a) Name Redcentric plc -------------------------------- ------------------------------------------------ b) Legal Entity 213800FGYMMNE9OKFD14 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 over new ordinary shares of 0.1p each of the financial instrument, type of instrument GB00B7TW1V39 Identification code -------------------------------- ------------------------------------------------ b) Nature of Grant of options the transaction -------------------------------- ------------------------------------------------ c) Currency GBP -------------------------------- ------------------------------------------------ d) Price(s) and Price (exercise) Volume(s) volume(s) -------------------------------- ------------------------------ ---------------- 0.1p 605,620 ------------------------------------- ------------------------------ ---------------- e) Aggregated N/A - single transaction information - Aggregated volume - Price - Aggregated total -------------------------------- ------------------------------------------------ f) Date of the 19 September 2023 transaction -------------------------------- ------------------------------------------------ g) Place of the Outside of a trading venue transaction -------------------------------- ------------------------------------------------ 1 Details of the person discharging managerial responsibilities/person closely associated a) Name David Senior -------------------------------- ------------------------------------------------ 2 Reason for the notification ---------------------------------------------------------------------------------- a) Position/status Chief Financial Officer -------------------------------- ------------------------------------------------ b) Initial notification Initial Notification /Amendment -------------------------------- ------------------------------------------------ 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---------------------------------------------------------------------------------- a) Name Redcentric plc -------------------------------- ------------------------------------------------ b) Legal Entity 213800FGYMMNE9OKFD14 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 over new ordinary shares of 0.1p each of the financial instrument, GB00B7TW1V39 type of instrument Identification code -------------------------------- ------------------------------------------------ b) Nature of Grant of options the transaction -------------------------------- ------------------------------------------------ c) Currency GBP -------------------------------- ------------------------------------------------ d) Price(s) and Price (exercise) Volume(s) volume(s) -------------------------------- ------------------------------ ---------------- 0.1p 347,030 ------------------------------------- ------------------------------ ---------------- e) Aggregated N/A - single transaction information - Aggregated volume - Price - Aggregated total -------------------------------- ------------------------------------------------ f) Date of the 19 September 2023 transaction -------------------------------- ------------------------------------------------ g) Place of the Outside of a trading venue transaction -------------------------------- ------------------------------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHURVRRONUKUAR
(END) Dow Jones Newswires
September 20, 2023 11:08 ET (15:08 GMT)
1 Year Redcentric Chart |
1 Month Redcentric Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions