News Results for Redcentric (RCN)

Peter Brotherton, Financial Director, exercised 28,571 shares in the company on the 20th November 2020 at a price of £0.63. The Director now holds 133,571 shares. Story provided by...

The board of IT services company Redcentric has terminated its sale process for the company after no offers materialised. The company began exploring opportunities for a sale in September, but...

IT services provider Redcentric has paid down debt and expects to report trading 'slightly ahead' of expectations, it said this morning. The company reported that its net debt position at the end...

UK stocks held onto their gains throughout Wednesday with investors buoyed by hopes of a coronavirus vaccine this year and a new US stimulus plan. Health secretary Matt Hancock told the House of...

UK stocks surged in early trading on Wednesday, paring Tuesday's steep losses, after home builder Barratt Developments and IT services group Computacenter released pleasing earnings updates. At...

IT services provider Redcentric said it had initiated 'limited' discussions with potential acquirers of the company. Redcentric confirmed that it was in talks with Macquarie Principal Finance, UK...

IT managed services group Redcentric booked a deeper first-half loss, owing to falling sales and costs associated with a regulatory probe into misleading market statements. The company, however,...

finnCap today reaffirms its corporate investment rating on Redcentric PLC (LON:RCN) and raised its price target to 170p (from 160p). Story provided by StockMarketWire.com Broker Forecasts data...

IT services provider Redcentric scrapped its dividend and said it would raise capital to fund restitution costs of £11.4m related to accounting mistakes. The costs were part of a settlement agreed...

IT services provider Redcentric said the release of its results for the year through March would be delayed until 21 July. 'The current audit is taking longer than originally expected due to the...

IT services provider Redcentric said it had extended its bank funding facilities until 30 June 2022. The extended facilities comprised a £17.5m revolving credit facility, with a £20m accordion,...

IT services provider Redcentric said it was unlikely to pay a final dividend and had halted its share buyback programme until the Covid-19 situation became clearer. The company said its trading...

IT managed services provider Redcentric reported total revenue was down 9% to £43.2m in its half-year results for the six months to end of September 2019. The company said there was 'good future...

IT services provider Redcentric said trading in the first half of its financial year had been in line its expectations. In a short trading update for the six months through September, the company...

Peter Brotherton, Chief Executive Officer, exercised 161,905 shares in the company on the 26th September 2019 at a price of 0.00p. The Director now holds 181,905 shares. Story provided by...

Peter Brotherton, Chief Executive Officer, sold post-exercise 76,905 shares in the company on the 26th September 2019 at a price of 85.00p. The Director now holds 105,000 shares. Story provided...

Jon Kempster, Non Executive Director, bought 10,249 shares in the company on the 28th August 2019 at a price of 77.40p. The Director now holds 10,249 shares. Story provided by...

IT services provider Redcentric said chairman Chris Cole had notified the boar of his intention to stand down once a suitable successor had been found. The company said it would now commence a...

IT managed services provider Redcentric booked a deeper annual loss as its sales slipped. Pre-tax losses for the year through March amounted to £1.4m, compared to losses of £0.5m on-year. Revenue...

Redcentric said it had appointed Dean Barber as its chief financial officer. Barber had been financial controller at EMIS Group since April 2013. The company also announced that Peter Brotherton...

IT managed services provider Redcentric said its trading results for the year through March were in line with its expectations. Net debt at 31 March was £17.6m, which the company said was ahead of...

Numis today upgrades its investment rating on Redcentric PLC (LON:RCN) to buy (from add). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Numis today downgrades its investment rating on Redcentric PLC (LON:RCN) to add (from buy) and cut its price target to 108p (from 120p). Story provided by StockMarketWire.com Broker Forecasts...

Numis today upgrades its investment rating on Redcentric PLC (LON:RCN) to buy (from hold) and set its price target at 120p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

Redcentric, a UK IT managed services provider, has been confirmed as the preferred supplier for Health and Social Care Network (HSCN) and Public Services Network (PSN) services to the Yorkshire and...

Redcentric, a UK IT managed services provider, says trading results for the year ended 31 March 2018 were in line with the board's expectations. Net debt as at 31 March 2018 was £27.7m which was...

IT group Redcentric said non-executive director David Payne would retire, effective 31 March. Steve Vaughan would take over as chairman of the remuneration committee, the company said. At...

finnCap today reaffirms its corporate investment rating on Redcentric PLC (LON:RCN) and raised its price target to 125p (from 117p). Story provided by StockMarketWire.com

Redcentric broke even in the first half, turning around a prior-year loss, despite a slight fall in revenue. Adjusted Ebitda grew by 1.1% following an 0.8% decline in revenue, while the company's...

Redcentric said that Christopher Jagusz has joined the company as its new chief executive Jagusz replaces Fraser Fisher, in a move that had already been announced on October 5. At 8:04am:...

Redcentric said it has appointed Chris Jagusz as its new CEO. Jagusz was CEO of Azzurri Communications from September 2014 to August 2016. "During this period he led the transformation of the...

Redcentric said that Chairman Chris Cole will make an announcement at the annual general meeting this morning. The company said he will comment: "The company is trading in line with expectations....

Peter Brotherton, Executive Director, bought 20,000 shares in the company on the 16th August 2017 at a price of 79.63p. The Director now holds 20,000 shares. Story provided by...

Christopher Cole, Chairman, has re-invested 20,000 shares in the company on the 11th August 2017 at a price of 75.38p. The Director now holds 20,000 shares. Story provided by StockMarketWire.com...

Redcentric's chief executive Fraser Fisher has given notice of his resignation to pursue other business interests. The company is starting the search for a successor and an update will be...

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Numis today reaffirms its hold investment rating on Redcentric PLC (LON:RCN) and cut its price target to 87p (from 93p). Story provided by StockMarketWire.com

Redcentric has appointed Steve Vaughan to the board as a non-executive director, effective from 13 June 2017. At 9:27am: (LON:RCN) Redcentric PLC share price was -0.12p at 85.38p Story...

Redcentric said its trading results for the year to March 31 were in line with directors' expectations. "Redcentric experienced good sales momentum in the year with a number of key contract wins...

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Redcentric notes that the Financial Conduct Authority (FCA) has begun an investigation after the historic overstatement of net assets and profits as described in the company's announcements in...

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Redcentric announces one its most-significant public sector wins to date with the award of the new Peering Exchange contract, which forms the core of the new Health and Social Care Network (HSCN)....

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Numis today reaffirms its hold investment rating on Redcentric PLC (LON:RCN) and set its price target at 93p. Story provided by StockMarketWire.com

finnCap today reaffirms its corporate investment rating on Redcentric PLC (LON:RCN) and set its price target at 117p. Story provided by StockMarketWire.com

Redcentric announces the appointment of Jon Kempster to the Board as Non-Executive Director effective from 10 January 2017. At 9:17am: (LON:RCN) Redcentric PLC share price was +1.88p at 98.13p...

Redcentric has swung to an H1 pretax profit of £320,000, from a year-earlier loss of £2.5m. "It has clearly been a very difficult period for the company," said chair Chris Cole in a statement....

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Initial findings of a forensic review into Redcentric's net assets impairment shows no evidence of theft and the misstatements are attributable to profit overstatement over a number of years...

Redcentric has appointed Peter Brotherton as Chief Financial Officer, Company Secretary and a Director of the Board, effective from Monday 28 November 2016. Story provided by StockMarketWire.com

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Story provided by StockMarketWire.com

The blue-chip index rallied 1.7% to 6,806 as Hillary Clinton gained further support in the race to become US President after being cleared of any criminal wrongdoing by the FBI. HSBC's (HSBA)...

The FTSE 100 climbed 1.5% to 6,795 as Hillary Clinton made a last-minute comeback in the race to become US President and HSBC (HSBA) reported a strong set of financial results which also boosted...

London stocks opened higher as global markets prepare for the US election on Nov. 8, with UK sentiment still benefiting from last week's High Court decision relating to prerogative and the country...

Redcentric said an internal audit review in relation to its interim results has discovered misstated accounting balances in the group's balance sheet. The Board has commenced a forensic review of...

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Redcentric said non-executive Tony Weaver will step down from the board with effect from Nov. 1. Story provided by StockMarketWire.com

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Redcentric said its board remains confident in the outlook for the business and expects to deliver results in line with its expectations for the year. "Through the first half of this year,...

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Redcentric said that on August 22 it received notices of exercise in relation to the exercise of employee share options over 337,500 shares issued under the company's Unapproved Share Option Plan....

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Redcentric said its year has started well, and that it expects to report first half results in line with the board's expectations. Story provided by StockMarketWire.com

Story provided by StockMarketWire.com

Redcentric's FY pretax profit has slipped to £7.4m, from £7.8m, as revenue firmed to £109.5m, from £94.3m. Total dividend was up 29% to 4.5p a share, from 3.5p. CEO Fraser Fisher said the good...

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Peel Hunt today initiates coverage of Redcentric PLC (LON:RCN) with a buy investment rating and price target of 230p. Story provided by StockMarketWire.com

Redcentric is acquiring City Lifeline Limited for a total of GBP4.8m, paid in cash on completion and subject to adjustment for cash, debt and normal working capital. City Lifeline owns and...

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Redcentric has issued 259,127 new ordinary shares following the exercise of 142,376 warrants and the exercise of 116,751 options by employees. At 3:00pm: (LON:RCN) Redcentric PLC share price was...

Redcentric has booked an H1 pretax profit of GBP1.4m, from GBP 3.9m. Revenue was GBP53.9m, from GBP46.8m. Interim dividend was up 50% to 1.5p a share, from 1p. It continues to trade in line and...

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Redcentric said the strong start to trading noted earlier in the year has continued through H1, with some significant new contracts augmenting the high levels of recurring revenues, which are in...

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Redcentric has issued 649,662 ordinary shares following the exercise of warrants. The warrants were issued to certain placees at the time of the company's acquisition of InTechnology Managed...

Redcentric has appointed Numis Securities as the company's nominated adviser and joint broker with immediate effect. finnCap Ltd remains joint broker. At 3:11pm: (LON:RCN) Redcentric PLC share...

Redcentric is trading well and in line with expectations, chairman Chris Cole told the annual general meeting today. He also said the integration of Calyx Managed Services is proceeding to plan....

Redcentric has announced that all resolutions put to shareholders at the Company's Annual General Meeting held today were passed. At 10:47am: (LON:RCN) Redcentric PLC share price was +0.5p at...

Redcentric has won a major new two-year contract with the Health and Social Care Information Centre (HSCIC) worth in excess of £3.5 million. Story provided by StockMarketWire.com

Story provided by StockMarketWire.com

Redcentric has swung to a FY pretax profit of £7.8m, from a year-ago loss of £2.6m. Revenue was £94.3m, from £58.3m. It proposed a final dividend of 2.5p a share, taking the total to 3.5p....

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Equity research analysts at N+1 Singer have upgraded their recommendation on information technology solutions provider Redcentric (LON:RCN) to 'buy' from 'hold' after revising its forecasts...

Redcentric has conditionally acquired Calyx Managed Services Ltd from MXC Capital for a total of £12m, payable in cash on completion. Completion is expected to occur on or around 13 April 2015....

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Redcentric said revenue and EBITDA for the year are expected to be comfortably in line with market expectations. H2 trading has continued the pattern reported in H1, with good performance across...

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Redcentric has issued 142,377 new ordinary shares following the exercise of warrants. The warrants were issued to certain placees at the time of the company's acquisition of InTechnology Managed...

Brainloop has chosen Redcentric's Platform as a Service (PaaS) to underpin its portfolio of simple, secure, collaboration tools in the UK. The PaaS will support Brainloop's UK customers in...

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Redcentric, a leading UK IT managed services provider, has appointed finnCap as nominated adviser and sole broker with immediate effect. At 1:57pm: (LON:RCN) Redcentric PLC share price was...

Redcentric has booked an H1 pretax profit of £3.9m, up from £0.8m a year earlier. Revenue was £46.8m, from £21.0m. It proposed an interim dividend of 1p a share, from nil. CEO Tony Weaver said...

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Redcentric said the business continues to perform well and consistently in line with expectations, with improved levels of order intake driving strong organic revenue growth. With integration...

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Redcentric has granted options over 1,100,000 ordinary shares to chief financial officer Tim Coleman. The options have an exercise price of 112p and are subject to performance conditions. The...