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Redcentric, Harrogate IT firm, plans capital reduction – Northern Financial Review
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Redcentric, Harrogate IT firm, plans capital reduction – Northern Financial Review
Redcentric plc, the Harrogate-based IT managed services provider (MSP), announce on Friday its intention to undertake a capital reduction that “will create additional capacity to deliver further returns to shareholders.” “The company will today be posting to shareholders a circular, regarding the proposed cancellation of the company’s share premium account (the ‘Capital Reduction’) in order to create additional distributable reserves for the com…
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