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Share Price Information for Redcentric (RCN)

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Share Price: 152.00
Bid: 147.50
Ask: 156.50
Change: 1.75 (1.16%)
Spread: 9.00 (6.102%)
Open: 150.25
High: 0.00
Low: 0.00
Prev. Close: 150.25
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IN BRIEF: Redcentric buys IT services peer Piksel for USD13 million

Thu, 30th Sep 2021 17:10

Redcentric PLC - Harrogate, England-based IT managed services provider - Buys Piksel Industry Solutions Ltd for USD13.0 million in cash, drawing on existing resources. Redcentric says York- and London-based Piksel IS is a fellow IT managed services provider with 93 employees and a complementary customer base to its own. The acquisition is expected to general annualised revenue of GBP10 million and earnings before interest, tax, depreciation and amortisation of GBP400,000. Expects to realise GBP1.1 million in cost synergies within 15 months of purchase.

Current stock price: 137.73 pence, up 0.5% on Thursday

Year-to-date change: up 13%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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5 Jun 2014 09:09

Redcentric Wins GBP5 Million Services Contract With NHS Partner

LONDON (Alliance News) - Redcentric PLC said Thursday it has won a new two-year contract with an NHS partner, worth in excess of GBP5 million. The IT managed services provider said that under the terms of the contract with the unnamed partner it will provide services for application perform

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15 May 2014 09:50

Redcentric Signs Three-Year Charity Contract

LONDON (Alliance News) - Redcentric PLC said Tuesday it has signed a three-year contract with The Salvation Army worth approximately GBP1.5 million to provide a full Wide Area Network to connect the charity's staff. The UK IT managed services provider said the three-year deal with the UK ch

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15 May 2014 08:39

Redcentric wins contract with The Salvation Army

AIM-listed IT services provider Redcentric has secured a three-year contract to provide a network service solution to UK charity The Salvation Army for 1.5m pounds and annual revenues of 0.4m pounds thereafter. The group will provide the charity with a wide area network to service the over 1000 loc

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15 May 2014 07:47

UK MORNING BRIEFING: Dixons Carphone PLC Is Born

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30 Apr 2014 11:44

Redcentric Wins Contracts Worth GBP3 Million

LONDON (Alliance News) - Redcentric PLC said Wednesday it has won three new contracts which will generate combined revenue of approximately GBP3 million. The UK IT managed services provider said the contract periods range from three to six years. Redcentric's new contract with an insu

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30 Apr 2014 08:58

Redcentric wins a trio of contracts

AIM-listed IT services provider Redcentric announced it has won a trio of long-term contracts which it expects to generate 3m pounds in revenues over the next six years. The first of the contracts, which is anticipated to last six years, was for a hosted and managed Microsoft Lync instant messaging

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2 Apr 2014 15:30

Fusion IP flies as new directors dip in

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31 Mar 2014 10:45

Redcentric Reaffirms Plan For Maiden Dividend As Trading Is In Line

LONDON (Alliance News) - Redcentric PLC Monday reaffirmed its intention to declare a maiden dividend with its full-year results, as it said it continued to trade in line with expectations. The managed services provider said it expects to report its full year results on June 16, and said tha

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24 Feb 2014 10:23

Redcentric Wins Contract With NHS Partner For IT Infrastructure

LONDON (Alliance News) - IT managed services provider Redcentric PLC Monday said its subsidiary Intechnology Managed Serviced Ltd has been awarded a contract by an unnamed NHS client to deliver enhanced IT infrastructure for the health and social care sector . The contract is a multi-year a

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13 Feb 2014 10:29

Redcentric Wins Contract With Electricals Retailer

LONDON (Alliance News) - It managed services provider Redcentric PLC Thursday said it had won a new contract with an unnamed large specialist electrical retailing and services company, to support one of the retailer's branded businesses as it rolls-out a new services and support offering to the S

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13 Feb 2014 08:24

UK MORNING BRIEFING: Lloyds To Set Out New Strategy By End Of 2014

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15 Jan 2014 10:50

Redcentric Names Tim Coleman To Take Over From Hallett As New CFO

LONDON (Alliance News) - UK managed IT services provider Redcentric PLC said Wednesday that it has appointed Tim Coleman as the new chief financial officer, with immediate effect. Coleman, aged 49, has held finance director positions as both Trafficmaster and Northgate Information Solutions

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18 Nov 2013 12:13

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18 Nov 2013 09:23

Redcentric To Buy InTechnology's Managed Services Unit

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28 Oct 2013 12:09

Redcentric in contract extension and new win

Redcentric, an end-to-end managed service provider, has extended its managed service contract with an unnamed property developer, as well as announcing a new ICT project and maintenance contract win with a leading media business. The managed service contract, which was originally valued at approxim

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