REDCENTRIC (RCN)

 

On the 7th November 2016, out of the blue, Redcentric plc published a shock announcement disclosing the discovery of misstatements in the company’s accounts.

Unsurprisingly, this announcement precipitated a collapse in the company’s share price from 150p to 63p that day (it had previously traded as high as 200p earlier in 2016 and has subsequently recovered somewhat).

The announcement, and subsequent announcements, combined with previous events raises serious concerns for shareholders in Redcentric. On behalf of individual shareholders, ShareSoc is investigating what occurred, with a view to ensuring that appropriate action is taken.

Full members of ShareSoc can access further confidential information and updates on this campaign on our member network, here: Redcentric-Forum. If you wish to be kept informed of developments, please register your interest in the Redcentric Shareholders Group by completing the form below.

If you are not yet a full member of ShareSoc, you can subscribe here: Full Membership

Mark Bentley

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Please use the form below to register your interest in this campaign (you will receive confirmation by return within 48 hours). You will be given free Associate Membership of ShareSoc unless you opt not to receive it, if you are not already a Member.

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