How many shareholders will Redcentric's proposed share capital restructuring reduce the register from and to?

Redcentric is a UK-based managed IT services and cloud solutions provider serving mid-market enterprises and public sector organizations. The company delivers infrastructure management, security, and workplace services across the United Kingdom and operates as a mid-cap player on the London Stock Exchange. Redcentric generates recurring revenue through managed service contracts and has positioned itself in the competitive UK IT outsourcing market.

Sector: Software & SaaS
Market: AIM

Insight

How much revenue did Redcentric's MSP generate for the year to 31 March?

Redcentric's MSP generated approximately £132.1m of revenue for the year to 31 March.

Updated 2 Jul 2026

Insight

What share consolidation did Redcentric's board propose to reduce the shareholder register?

Redcentric's board proposed a 20‑for‑1 consolidation followed by a 1‑for‑20 subdivision to eliminate holdings of fewer than 20 shares and reduce the shareholder register from about 8,000 to about 900, and the board unanimously recommended shareholders vote in favour.

Updated 19 Jun 2026

Insight

When is Redcentric's court hearing for the Capital Reduction?

Redcentric's court hearing for the Capital Reduction is on 30 June 2026, with completion expected no later than 3 July 2026.

Updated 19 Jun 2026

Insight

How much did Redcentric receive for its data centre business?

Redcentric completed the disposal of its group's data centre business for £122.85m; initial proceeds of £115.4m were received on 30 April 2026 with the balance subject to post‑completion adjustment and expected by 31 July 2026.

Updated 19 Jun 2026

Insight

What tender offer did Redcentric's Board propose?

The Board proposed a 160p-per-share tender offer expected to return up to approximately £90m to shareholders.

Updated 2 Jul 2026

Identifiers

Ticker: RCN
Market: AIM
ISIN: GB00B7TW1V39
LEI: 213800FGYMMNE9OKFD14

Learn more on:

GLEIF Companies House

Timeline

Small Caps Today: Redcentric launches £90m tender offer after data centre exit, Trellus Health, Union Jack Oil, Emmerson, Mobico, Synthomer . . .

Redcentric Proposes £90 Million Tender Offer at 31% Premium After Data Centre Sale

Redcentric sees earnings ahead of expectations thanks to MSP business

Redcentric to propose 160p tender offer after sale of data centres

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