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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Redcentric Plc | LSE:RCN | London | Ordinary Share | GB00B7TW1V39 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.25 | -1.56% | 142.25 | 141.00 | 143.50 | 144.00 | 142.00 | 144.00 | 34,564 | 16:35:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computer Related Svcs, Nec | 141.67M | -9.25M | -0.0589 | -24.11 | 222.93M |
TIDMRCN
RNS Number : 1623M
Redcentric PLC
26 April 2018
26 April 2018
Redcentric plc
("Redcentric" or the "Company")
Award of public sector framework agreement
Redcentric plc (AIM: RCN), a leading UK IT managed services provider, is pleased to announce that it has been confirmed as the preferred supplier for Health and Social Care Network (HSCN) and Public Services Network (PSN) services to the Yorkshire and Humber region.
The arrangement will connect public sector organisations across Yorkshire and the Humber region, reducing costs and enabling more efficient and integrated delivery of services. The framework agreement covers local authorities, emergency services, transport and health sectors and will include connectivity to the new Health and Social Care Network and Public Services Network. A total of 65 organisations will be able to connect up to 3,000 of their sites through Redcentric, rationalise their existing infrastructure and achieve significant savings by doing so.
Under the framework Redcentric will be providing connectivity services on its network. The framework is awarded for a period of four years and has the potential to add up to GBP15m to GBP20m of incremental revenue per year. Redcentric expects to deliver between GBP1m and GBP3m of revenue from the framework in the current financial year and expect this to increase over the life of the agreement as services are mobilised and rolled-out across the Yorkshire and Humber region.
Chris Jagusz, Chief Executive of Redcentric plc said, "We are proud to have been awarded this framework, it is a great example of a flexible and collaborative partnership between public and private sectors. It also demonstrates Redcentric's credentials as a trusted and reliable technology partner."
Redcentric plc Via Tulchan Communications Chris Jagusz, Chief Executive Officer Peter Brotherton, Chief Financial Officer Numis Securities - NOMAD & Joint +44 (0) 20 7260 Broker 1000 Simon Willis / Oliver Hardy / Tom Ballard +44 (0) 20 7220 finnCap Ltd - Joint Broker 0500 Stuart Andrews / Rhys Williams +44 (0) 207 353 Tulchan Communications 4200 James Macey White / Matt Low
Note for editors
More information on the Health and Social Care Network is available via the NHS Digital website.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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April 26, 2018 02:01 ET (06:01 GMT)
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