Redcentric capital reduction gets High Court sanction
2nd Jul 2026 10:10
(Sharecast News) - Redcentric said on Thursday that the High Court had sanctioned its proposed capital reduction, clearing a key step towards the company's planned return of up to £90m to shareholders through a tender offer.
Read moreRedcentric capital reduction gets High Court sanction
2nd Jul 2026 10:10
(Sharecast News) - Redcentric said on Thursday that the High Court had sanctioned its proposed capital reduction, clearing a key step towards the company's planned return of up to £90m to shareholders through a tender offer.
Read moreRedcentric completes data centre sale for £122.85m
1st May 2026 11:10
(Sharecast News) - Redcentric said on Friday that it had completed the sale of its data centre business to Stellanor Datacenters Group for an estimated £122.85m, enabling a planned capital return of more than £90m to shareholders and a reduction in debt.
Read moreRedcentric completes data centre sale for £122.85m
1st May 2026 11:10
(Sharecast News) - Redcentric said on Friday that it had completed the sale of its data centre business to Stellanor Datacenters Group for an estimated £122.85m, enabling a planned capital return of more than £90m to shareholders and a reduction in debt.
Read moreRedcentric flags solid first-hald trading
5th Nov 2025 11:54
(Sharecast News) - Redcentric reported solid first-half trading in line with expectations on Wednesday, as the UK IT managed services provider focused on higher-margin business and cost discipline ahead of completing the sale of its data centre division.
Read moreRedcentric agrees £127m sale of data centre business
23rd Oct 2025 11:24
(Sharecast News) - Redcentric announced on Thursday that it has agreed to sell its data centre business, Redcentric Data Centres, to Stellanor Datacenters Group for up to £127m in cash, in a deal aimed at strengthening its balance sheet, returning capital to shareholders, and focusing on growth in managed IT services.
Read moreRedcentric expects steady top line as reorganisation continues
24th Sep 2025 07:33
(Sharecast News) - IT group Redcentric said it expects "stable" revenues this year following its business restructure, but expects the potential sale of the data centre division to generate a "significant" return of capital to shareholders.
Read moreRedcentric shares jump on potential sale of data centre operations
22nd Aug 2025 13:21
(Sharecast News) - Shares in Redcentric jumped on Friday after the IT managed services provider confirmed press speculation about the potential sale of its data centres division.
Read moreRedcentric taps Tony Ratcliffe for CFO
19th Aug 2025 08:33
(Sharecast News) - IT managed services provider Redcentric said on Tuesday that it has appointed Tony Ratcliffe to take over as chief financial officer, with immediate effect.
Read moreRedcentric reports solid full-year trading performance
7th May 2025 12:26
(Sharecast News) - Redcentric reported a solid trading performance for the financial year ended 31 March on Wednesday, with double-digit growth in adjusted EBITDA and continued momentum from its acquisition strategy and operational improvements.
Read moreRedcentric appoints Brian Woodford as its new CEO
20th Jan 2025 10:45
(Sharecast News) - Redcentric announced the appointment of Brian Woodford to its board on Monday, effective 3 February, with plans for him to assume the role of chief executive officer following a two-month transition period.
Read moreRedcentric appoints Brian Woodford as its new CEO
20th Jan 2025 10:45
(Sharecast News) - Redcentric announced the appointment of Brian Woodford to its board on Monday, effective 3 February, with plans for him to assume the role of chief executive officer following a two-month transition period.
Read moreRedcentric confident for the full year
20th Nov 2024 09:05
(Sharecast News) - Redcentric said it remained on track to make "considerable progress" this year, including a jump in annual earnings, despite a slowing order intake.
Read moreRedcentric reports solid full-year figures
15th Aug 2024 11:13
(Sharecast News) - Managed IT service provider Redcentric reported a robust full-year financial performance on Thursday, alongside significant progress in operational integration.
Read moreRedecentric FY earnings grow, four 'larger customers' unexpectedly cancel contracts
16th May 2024 12:10
(Sharecast News) - Cyber security firm Redcentric said on Thursday that both revenue and earnings had grown in the year ended 31 March but noted it had experienced installation delays at the London Technology Centre and contract cancellations by several large customers.
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