Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.16, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 16x in the IT industry in Germany. Total loss to shareholders of 11% over the past three years. Buy Or Sell Opportunity • Jul 07
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to €1.46. The fair value is estimated to be €1.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 1,524% in the next 2 years. Board Change • Jul 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Senior Independent Non-Executive Director AJ Aubrey is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Jun 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin). Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.61, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the IT industry in Germany. Total returns to shareholders of 22% over the past three years. Annuncio • Jun 21
Redcentric plc (AIM:RCN) announces an Equity Buyback for 56,250,000 shares, representing 35.31% for £90 million. Redcentric plc (AIM:RCN) announces a share repurchase program. Under the program, the company will repurchase up to 56,250,000 ordinary shares, representing 35.30% for £90 million. The shares will be repurchased at a price of £1.60 per share. Any ordinary shares repurchased by the company will be cancelled. The program will be funded from the company’s existing distributable reserves. The purpose of the program is to reduce the Company's ongoing cost base and rationalize its capital structure and return value to shareholders. The program is subject to approval from shareholders at the general meeting. As of June 11, 2026, the company had 159,321,733 shares in issue, of which 496 Ordinary Shares held in treasury. Annuncio • Jun 20
Redcentric plc, Annual General Meeting, Oct 20, 2026 Redcentric plc, Annual General Meeting, Oct 20, 2026. Buy Or Sell Opportunity • May 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €1.46. The fair value is estimated to be €1.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.4% in 2 years. Earnings are forecast to grow by 1,533% in the next 2 years. Board Change • May 20
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Senior Independent Non-Executive Director AJ Aubrey is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Nov 05
Redcentric plc to Report First Half, 2026 Results on Dec 10, 2025 Redcentric plc announced that they will report first half, 2026 results on Dec 10, 2025 Annuncio • Sep 25
Redcentric plc, Annual General Meeting, Oct 20, 2025 Redcentric plc, Annual General Meeting, Oct 20, 2025. Location: the offices of cavendish capital markets ltd, 1 bartholomew close, ec1a 7bl, london United Kingdom Annuncio • Sep 24
Redcentric plc Provides Revenue Guidance for the Fiscal Year 2026 Redcentric plc provided revenue guidance for the fiscal year 2026. For the year, the company announces stable revenue expectations. Annuncio • Aug 22
Redcentric plc Confirms Advanced Stages of Discussions Concerning the Potential Sale of its Business Unit, Redcentric Data Centres Limited The Board of Directors of Redcentric plc (AIM:RCN) noted the recent press speculation regarding its business unit, Redcentric Data Centres Limited. Redcentric plc confirmed that it is in the advanced stages of discussions concerning the potential sale of this business unit. However, there can be no certainty that a transaction will occur and further updates will be provided as appropriate. Annuncio • Aug 19
Redcentric plc Announces Appointment of Tony Ratcliffe as Chief Financial Officer, Effective 19 August 2025 Redcentric plc announced the appointment of Tony Ratcliffe as Chief Financial Officer with immediate effect. Tony has over 25 years' senior financial management experience with fast growing technology and service companies, including on AIM and Nasdaq. This experience extends across a number of high growth sectors, including healthcare, software and materials science. Most recently, Tony was CFO of SourceBio International, a healthcare technology group, where he led its AIM IPO and a successful restructuring which contributed to a fourfold increase in revenues and significant increase in profitability over a two-year period. In prior CFO roles, Tony has acquired varied operational, transactional, and strategic experience and driven significant growth, both organically and via M&A, with an ultimate focus on creating value for shareholders. Tony qualified as a Chartered Accountant with KPMG and has an MBA from Heriot-Watt University, Edinburgh. Annuncio • Apr 03
Redcentric plc Announces Step Down of Brian Woodford as Executive Director Redcentric plc announced that Executive Director Brian Woodford has decided, for personal reasons, to step down from his role within the Company with immediate effect. Peter Brotherton, Redcentric's CEO, has agreed to continue in his role until further notice. Annuncio • Nov 01
Redcentric plc Appoints John Radziwill as Non-Executive Director Redcentric plc confirmed that further to the announcement on 24 September 2024, John Radziwill has been appointed as non-executive director of the Company after completing the relevant due diligence as part of the onboarding process for all new board appointments. Mr. Radziwill joins the board as a representative of ND Capital Investments Limited ("ND Capital"), and is a highly experienced director. Mr. Radziwill has held several senior leadership roles in investment banking, advisory and asset management. Annuncio • Sep 24
Redcentric plc Announces Board Changes Redcentric plc announces the intended appointment of Richard McGuire as independent non-executive chairman of the Company following Nick Bate's decision not to stand for re-appointment. Richard will be joining the Board and assuming his position as Chairman on 27 September 2024.Richard is an experienced chairman and non-executive director, having held directorships in a portfolio of companies across the technology, financial, real estate and leisure/gaming sectors. He is currently the non-executive chairman of GYG Limited and the executive chairman of Sportech Ltd. He has also held senior leadership roles in investment banking, private equity and institutional asset management. Redcentric also announces its intention to appoint John Radziwill as a non-executive director of the Company, subject to completion of the standard due diligence process. John is a representative of ND Capital Investments Limited ("ND Capital"), one of the Company's largest investors. A further announcement will be made at the time of John's appointment. The following information is disclosed in accordance with Schedule 2(g) of the AIM Rules for Companies: Full name: Richard Anthony McGuire Age: 58 Current directorships: Sportech Pools Games Limited, Lot.to Systems Limited, Pools Promotions Limited, Sportech Gaming Limited, Sportech Holdco 2 Limited, Sportech Group Holdings Limited, Sportech Pools Limited, Bet 247 Limited, Sportech Limited, GYG Limited Grey Wolf Investments Limited, Previous directorships held in the past 5 years: Sportech Pools Competitions Limited, Sportech Pools Trustee Company Limited, Thepools.com Limited, Pools Company Limited, C&P Promotions Limited, Sportech Management Limited, Datatote (England) Limited, Global Tote Europe Holdco Limited, Sportech Lotteries LLC, eBet Technologies Inc. Global Tote Canada Inc. /Sportech Racing Canada Inc, Racing Technology Ireland Limited, Global Tote France SAS, Sportech Racing Elekronik ve Bilgisayer Hizmetleri Sangayi Ticaret Limited, Autotote Europe GmbH, Sportech Racing GmbH. Reported Earnings • Aug 16
Full year 2024 earnings released: UK£0.022 loss per share (vs UK£0.059 loss in FY 2023) Full year 2024 results: UK£0.022 loss per share (improved from UK£0.059 loss in FY 2023). Revenue: UK£163.2m (up 15% from FY 2023). Net loss: UK£3.44m (loss narrowed 63% from FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Annuncio • Aug 15
Redcentric plc Recommends Final Dividend for 2024, Expects to Be Paid on 24 January 2025 Redcentric plc announced final dividend of 2.4 pence per share is recommended by the Board and will result in a total dividend for 2024 of 3.6 pence per share (financial year ended 31 March 2023 3.6 pence per share). Subject to approval by shareholders at the Company's annual general meeting ("AGM"), this is expected to be paid on 24 January 2025 to shareholders on the register at the close of business on 13 December 2024 with shares going ex-dividend on 12 December 2024. The last day for Dividend Reinvestment Plan elections is 2 January 2025. Annuncio • Aug 09
Redcentric plc Announces Company Secretary Changes Redcentric plc announced following the resignation of Nick Heron, David Senior has been appointed as Company Secretary. David will remain in this role until a suitable replacement is recruited. Buy Or Sell Opportunity • Aug 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.2% to €1.59. The fair value is estimated to be €1.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has declined by 52%. New Risk • Jun 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite being loss-making. Annuncio • May 26
Redcentric Confirms Early Stages of Discussions with Wiit Regarding a Possible Offer for the Entire Issued and to be Issued Share Capital of Redcentric The board of directors of Redcentric plc (AIM:RCN) (the ‘Board’) noted the recent press speculation and confirms that it is in the early stages of discussions with Wiit S.p.A. (BIT:WIIT), regarding a possible offer for the entire issued and to be issued share capital of Redcentric. Discussions are at a preliminary stage and there can be no certainty that any offer will be made, nor as to the terms of any such offer. Under Rule 2.6(a) of the Code, Wiit SpA must by no later than 5.00 p.m. on 21 June 2024, being 28 days after the date of this announcement, either announce a firm intention to make an offer for Redcentric in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for Redcentric, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code. Upcoming Dividend • Feb 29
Upcoming dividend of UK£0.012 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 18 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.4%). Annuncio • Feb 13
Redcentric plc Appoints Michelle Senecal De Fonseca as Non-Executive Director, Chair of the Remuneration Committee and Member of the Audit and Nomination Committees Redcentric plc announce the appointment of Michelle Senecal de Fonseca as non-executive Director of the Company with immediate effect. Michelle will also be appointed as chair of the remuneration committee and member of the audit and nomination committees of the board of directors of the Company. Michelle is an experienced executive and non-executive director in the technology industry, having been Managing Director for Vodafone's cloud and hosting services business, and serving as Area Vice President for sales and services for Northern Europe at Citrix before becoming its global Vice President for strategic alliances. Michelle also currently serves as a non-executive director on the board of FTSE250 company FDM Group, where she has enjoyed an eight-year tenure on the remuneration committee. In addition, Michelle is the co-founder and a continuing board member of the networking group Women in Telecoms and Technology. Mrs. Michelle Senecal de Fonseca, aged 63, has held the following directorships and/or partnerships in the past five years: Current directorships and/or partnerships: FDM Group (Holdings) plc, Alphawave IP Group PLC, ASU Global Foundation UK Limited, Women in Telecom & Technology (WITT) Limited. Past directorships and/or partnerships: Citrix Systems UK Limited (now Cloud SG UK Ltd). Board Change • Dec 07
Less than half of directors are independent Following Non-Executive Director Oliver Rupert Scott's arrival on 01 December 2023, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Senior Independent Non-Executive Director AJ Aubrey was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 30
Upcoming dividend of UK£0.024 per share at 2.8% yield Eligible shareholders must have bought the stock before 07 December 2023. Payment date: 19 January 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%). Reported Earnings • Nov 24
First half 2024 earnings released: UK£0.001 loss per share (vs UK£0.039 loss in 1H 2023) First half 2024 results: UK£0.001 loss per share (improved from UK£0.039 loss in 1H 2023). Revenue: UK£82.0m (up 33% from 1H 2023). Net loss: UK£214.0k (loss narrowed 96% from 1H 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the IT industry in Germany. Annuncio • Nov 24
Redcentric plc Appoints Oliver Scott as Non-Executive Director, Effective 1 December 2023 Redcentric plc announced the appointment of Oliver Scott as a Non-Executive Director, effective 1 December 2023. Oliver is a partner of Kestrel Partners LLP (Kestrel), which he co-founded in 2009. Prior to this, Oliver spent 20 years advising smaller quoted and unquoted companies, latterly as a director of KBC Peel Hunt Corporate Finance. He is currently a non-executive director of Smoove PLC and K3 Business Technology PLC, and was previously a non-executive director of Idox PLC, IQGeo Group PLC and KBC Advanced Technology PLC. Annuncio • Nov 22
Redcentric plc Declares Interim Dividend for the Six Months Ended 30 September 2023, Payable on 18 April 2024 Redcentric plc announced that the Board has reviewed the financial performance of the business and has decided to maintain an interim dividend payment of 1.2 pence per share, which will be paid on 18 April 2024 to shareholders on the register at the close of business on 8 March 2024, with the shares going ex-dividend on 7 March 2024. The last date for dividend reinvestment plan (DRIP) elections is 25 March 2024. Annuncio • Aug 24
Redcentric plc Recommends Final Dividend for the Year 2023, Payable on January 19, 2024 Redcentric plc announced that final dividend of 2.4 pence per share is recommended by the board of directors of the Company and will result in a total dividend for Fiscal year 2023 of 3.6 pence per share (financial year ended 31 March 2022 "FY22": 3.6 pence per share). Subject to approval by shareholders at the Company's annual general meeting ("AGM"), this is expected to be paid on 19 January 2024 to shareholders on the register at the close of business on 8 December 2023 with shares going ex-dividend on 7 December 2023. The last day for Dividend Reinvestment Plan elections is 27 December 2023. Annuncio • Aug 18
Redcentric plc to Report Fiscal Year 2023 Results on Aug 24, 2023 Redcentric plc announced that they will report fiscal year 2023 results on Aug 24, 2023 Annuncio • Dec 14
Redcentric plc, Annual General Meeting, Sep 07, 2023 Redcentric plc, Annual General Meeting, Sep 07, 2023.