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Pin to quick picksRedcentric Share News (RCN)

Share Price Information for Redcentric (RCN)

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Share Price: 142.00
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Change: 0.00 (0.00%)
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Redcentric Wins Contract With NHS Partner For IT Infrastructure

Mon, 24th Feb 2014 10:23

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 agreement with annual revenues from the initial deployment expected to be a seven-figure sum, Redcentric said.

Through the deal, the NHS client should benefit from cost saving as well as data and network support.

The stock was trading at 114.60 pence Monday, up 1.10 pence or 1.0%. It hit an intraday high of 117.95 pence following the announcement.

By Anthony Tshibangu; anthonytshibangu@alliancenews.com; @AnthonyAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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