After the initial announcement in October 2025, Redcentric has reported the completion of its datacentre sale to Stellanor Datacentres Group for an estimated £122.85m (£117.9m net). The consideration is at the upper end of the guided £115-127m range, and equivalent to 77.1p per share. An initial settlement of £115.4m was received on 30 April 2026, with c£7.5m retained pending final adjustment mechanisms expected by August 2026, and £5m expected transaction costs. The company has confirmed the an ....
01 May 2026
Redcentric - Datacentre sale, upper end of range, 160p tender offer
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Redcentric - Datacentre sale, upper end of range, 160p tender offer
Redcentric Plc (RCN:LON) | 131 -1.3 (-0.8%) | Mkt Cap: 209.1m
- Published:
01 May 2026 -
Author:
Andrew Darley | Kimberley Carstens -
Pages:
5 -
After the initial announcement in October 2025, Redcentric has reported the completion of its datacentre sale to Stellanor Datacentres Group for an estimated £122.85m (£117.9m net). The consideration is at the upper end of the guided £115-127m range, and equivalent to 77.1p per share. An initial settlement of £115.4m was received on 30 April 2026, with c£7.5m retained pending final adjustment mechanisms expected by August 2026, and £5m expected transaction costs. The company has confirmed the an ....