Exercise of Options

Redcentric plc

Exercise of Options

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT managed services provider, announces that following an exercise ("Exercise") of 0.1p options over ordinary shares of 0.1p each in the Company ("Ordinary Shares") granted in 2019 pursuant to the Company's 2016 Long Term Incentive Plan, it has transferred 16,000 Ordinary Shares previously held in Treasury to satisfy the Exercise.

As a result, the Company's issued share capital now consists of 156,991,982 Ordinary Shares, 1,994,529 of which remain held in Treasury. For reporting under the FCA's Disclosure Guidance and Transparency Rules, shareholders should exclude any Ordinary Shares held in Treasury and should use the figure of 154,997,453 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.

Enquiries:

Redcentric plc +44 (0)800 983 2522

Peter Brotherton, Chief Executive Officer

David Senior, Chief Financial Officer

finnCap Ltd - Nomad and Broker +44 (0)20 7220 0500

Marc Milmo / Simon Hicks / Charlie Beeson (Corporate Finance)

Andrew Burdis / Sunila de Silva (ECM)