Business
General Meeting Result, Voting Rights & Admission
General Meeting Result, Voting Rights & Admission.
About this update from Redcentric Plc
[{"type":"text","content":"\n \n \n RNS Number : 8460S\n Redcentric PLC\n 13 July 2020\n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014/EU. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n Redcentric plc\n \n \n Result of General Meeting, Total Voting Rights and Block Admission\n \n \n Redcentric plc (AIM: RCN) (\"Redcentric\" or the \"Company\"), a leading UK IT managed services provider, is pleased to announce that at the General Meeting held earlier today, all Resolutions were duly passed.\n \n \n Details of the votes cast for each Resolution are available on the Company's website at \n \n \n https://www.redcentricplc.com/investors/shareholder-documents/\n \n \n .\n \n \n Total Voting Rights\n \n \n Application has been made to the London Stock Exchange for:\n \n \n \n · \n 5,250,000 new Ordinary Shares to be admitted to trading on AIM pursuant to the Placing and the Subscription; and\n \n \n · \n 308,000 new Ordinary Shares to be admitted to trading on AIM pursuant to the Settlement Deed entered into between the Company and Harwood Capital (together, \"Admission\").\n \n \n \n The Placing and the Subscription remain conditional upon Admission and the Placing Agreement becoming unconditional. It is expected that Admission will become effective and that dealings will commence in respect of these new Ordinary Shares at 8.00 a.m. on 14 July 2020.\n \n \n Following Admission, the Company's issued share capital will consist of 154,868,713 Ordinary Shares. The Company holds 822,427 Ordinary Shares in Treasury and therefore on Admission the total number of issued Ordinary Shares with voting rights will be 154,046,286. This figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \n \n Defined terms used in this announcement have the meanings ascribed to them in the circular to shareholders dated 26 June 2020 unless otherwise defined.\n \n \n Block Admission\n \n \n Following the passing of Resolutions at the General Meeting, the administrator of the Scheme has commenced processing claims from Potential Claimant...