TIDMRCN

RNS Number : 8793Z

Redcentric PLC

20 March 2017

Redcentric plc ("Redcentric" or the "Company")

Regulatory Update

The Financial Conduct Authority ("FCA") has notified Redcentric that it has commenced an investigation following the historic overstatement of net assets and profits as described in the Company's announcements on 7 November 2016, 13 and 23 December 2016 and following the completion of an independent forensic review commissioned by the Board of Redcentric.

Redcentric will co-operate fully with the FCA and other relevant authorities concerning this matter. A further announcement will be made in due course if appropriate.

Contacts:

 
 Redcentric plc 
  Fraser Fisher, Chief Executive 
  Officer 
  Peter Brotherton, Chief Financial 
  Officer                              +44 (0)1423 850 000 
 Numis Securities Limited - Nomad 
  & Joint Broker 
  Simon Willis / Oliver Hardy 
  / Ben Stoop                          +44 (0)20 7260 1000 
 finnCap Ltd - Joint Broker 
  Stuart Andrews / Rhys Williams       +44 (0)20 7220 0500 
 Tulchan Group 
  James Macey White / Matt Low         +44 (0)20 7353 4200

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUKSARBVAOAUR

(END) Dow Jones Newswires

March 20, 2017 03:01 ET (07:01 GMT)

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