tiprankstipranks
Company Announcements

Redcentric PLC Sees Increase in Major Holdings by Lombard Odier

Story Highlights
Redcentric PLC Sees Increase in Major Holdings by Lombard Odier

Discover the Best Stocks and Maximize Your Portfolio:

Redcentric ( (GB:RCN) ) has issued an announcement.

Redcentric PLC has announced a change in its major holdings, with Lombard Odier Asset Management (Europe) Limited increasing its voting rights in the company to 17.31%, up from a previous 16.04%. This adjustment in holdings may have implications for the company’s governance and strategic direction, reflecting stakeholder confidence and potentially influencing future business decisions.

More about Redcentric

Redcentric PLC operates in the IT services industry, providing managed services, cloud infrastructure, and network solutions primarily to UK businesses. The company focuses on delivering high-quality, reliable IT services to help organizations enhance their operational efficiency and digital capabilities.

YTD Price Performance: 0.20%

Average Trading Volume: 251,731

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £198.6M

For a thorough assessment of RCN stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1