Redcentric plc Repurchases 50,000 Shares at 102.85p Under August 2026 Buyback Plan

Redcentric plc (AIM: RCN), a UK-based IT managed services provider, announced the acquisition of 50,000 ordinary shares at 102.85p each on 4 September 2026 as part of its share buyback initiative launched on 11 August 2026. Each share has a nominal value of 0.1p and will be retained in Treasury. The transaction was conducted via the company's nominated broker, Cavendish Capital Markets Ltd, on the AIMX platform. Investors are advised to watch for further buyback updates as the programme progresses. Key Highlights Redcentric plc (AIM: RCN) �96 UK IT managed services provider Purchased 50,000 ordinary shares at 102.85p each on 4 September 2026, now held in Treasury Post-purchase, issued voting share capital totals 102,484,058 ordinary shares; Treasury shares amount to 587,682 Further buyback announcements expected as the programme continues Redcentric Completes Single-Price Buyback of 50,000 Shares at 102.85p on 4 September 2026 On 4 September 2026, Redcentric plc repurchased 50,000 ordinary shares with a nominal value of 0.1p each at a uniform price of 102.85p per share. The volume weighted average price, lowest price, and highest price paid were all 102.85p, confirming the entire transaction occurred in a single trade at 16:26 on the AIMX venue. Cavendish Capital Markets Ltd, serving as both the company's nominated adviser and broker, executed the buyback. This transaction is part of the share buyback programme announced on 11 August 2026. Treasury Shares and Voting Capital After 4 September 2026 Buyback Following this repurchase, Redcentric's total issued share capital remains at 103,071,740 ordinary shares, with 587,682 shares held in Treasury. Treasury shares carry no voting rights and are excluded from FCA Disclosure Guidance and Transparency Rules calculations. The company advises shareholders to use the figure of 102,484,058 ordinary shares as the issued voting share capital for regulatory notification purposes. Redcentric's MSP Model and IT Service Offerings Contextualize Capital Return Strategy Redcentric positions itself as a leading UK IT managed services provider, operating an MSP division that supports both private and public sector clients. This division acts as an outsourced IT department, managing daily infrastructure maintenance and security. The company's broader portfolio includes infrastructure management, cloud services, cybersecurity, and data analytics. Redcentric's strategic objective is to become a comprehensive IT infrastructure and managed services provider for businesses of all sizes, situating its capital management efforts within a growth and scaling framework. Share Buyback Programme Ongoing With Additional Announcements Anticipated Redcentric has confirmed that further disclosures will follow upon completion of any additional purchases under the buyback programme. Details regarding the total size, duration, or maximum spend of the programme were not provided in this update. Investors should monitor forthcoming regulatory announcements to understand the full scope of the buyback activity. CEO Michelle Senecal De Fonseca and CFO Tim Sykes serve as management contacts for corporate inquiries, coordinated through communications adviser Burson Buchanan.