REG - Redcentric PLC - Appointment of Chief Financial Officer

RedcentricAnnouncement

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RNS Number : 3493G  Redcentric PLC  01 June 2026

 

 

1 June 2026

 

 

Redcentric plc

('Redcentric', the 'Company' or the 'Group')

 

Appointment of Chief Financial Officer

 

Redcentric plc (LSE: RCN), a leading UK IT managed services provider ('MSP'),
is pleased to announce the appointment of Tim Sykes as its Chief Financial
Officer and Executive Director with immediate effect.

 

Tim is an experienced CFO with over 30 years of financial experience,
including 15 years as CFO of AIM listed Proactis Holdings plc. He has varied
operational, transactional, and strategic experience and driven significant
growth, both organically and via M&A. He concurrently served as CFO at
Avacta Group plc, Eleco plc and Altitude Group plc, playing a key role in
multiple acquisitions and fund-raising rounds. Most recently, served as CEO of
Proactis, he led the company through a successful take private transaction,
then subsequently joined Aptamer Group plc as a non-executive Director and
also maintained a fractional CFO portfolio supporting high-growth ventures.
Tim qualified as a Chartered Accountant with KPMG.

 

Tim replaces Tony Ratcliffe, who joined the Group in August 2025 on a
fixed-term contract to support the sale of the data centre business and the
transition to a pure-play MSP. The sale of the data centre business to
Stellanor Datacenters Group Limited successfully completed on 30 April 2026
with an estimated consideration of £122.85 million. Tony will remain with the
business for a period to support an orderly transition.

 

Michelle Senecal De Fonseca, CEO, commented: "I am delighted to welcome Tim to
the Redcentric Board. His extensive experience in scaling technology
companies, executing M&A transactions and driving shareholder value on AIM
will be highly valuable as we focus on accelerating growth in our MSP
business. I would also like to thank Tony Ratcliffe for his significant
contribution during a transformational period for the Group, and we wish him
well with his future endeavours."

 

Additional information pursuant to Schedule Two, paragraph (g) of the AIM
Rules for companies.

Timothy Sykes, aged 56, is currently or has previously been a director of the
following companies within the past five years.

 

 Current directorships                     Previous directorships within the past five years
 Aptamer Group PLC                         Proactis plc and subsidiaries*

 The Moorings Management (Filey) Limited   Rio AI Limited

                                           Rio AI (UK) Limited

                                           Data Connect Group Limited

 

In 2017, Mr Sykes was a director of Proactis Total Procure Limited, which was
a Proactis joint venture in India, when it was compulsorily struck off having
ceased to trade.

 

Save as set out in this announcement, there are no further details to be
disclosed in pursuant to Schedule Two, paragraph (g) of the AIM Rules for
companies.

 

*Proactis plc subsidiary directorships set out as follows:

 

 EGS Group Holdings Limited
 EGS Group Limited
 Intelligent Capture Limited
 Unity Marketplace Limited
 Intelligent Capture Managed Services Limited
 Feonline Limited
 Proactis Overseas Limited
 Perfect Commerce UK Limited
 Due North Limited
 Proactis Group Limited
 Proactis Totalprocure Limited
 Image Integrators Limited
 Alito Limited
 Alito (UK) Limited
 Requisoft plc
 Intersources (UK) Limited
 Proactis Euro Hedgeco Limited
 Proactis US Dollar Hedgeco Limited
 Proactis tenders Limited
 Proactis Accelerated Payments Limited
 Proactis Overseas Limited
 Proactis Limited
 Proactis Holdings Limited
 Proactis Inc
 Proactis Pty Limited
 PHD Developing Markets Limited
 Proactis US Holdings Inc
 Intesource Inc
 Proactis France SAS
 Proactis SA
 Proactis Designated Activity Company (DAC)
 Proactis GmbH
 Proactis Deutschland GmbH
 Proactis SA
 TradeRanger US Inc
 Hubwoo US Inc
 Trade-Ranger Management LLC
 Trade-Ranger Holdings LLC
 Proactis LP
 Proactis Southeast Asia Limited
 Proactis Limited
 Perfect Commerce LLC
 Commerce One LLC
 Perfect Commerce Operations Inc
 Perfect Commerce Global Purchasing LLC
 Compro Business Services LLC
 Perfect Commerce UK Limited
 Esize Holdings BV
 Proactis BV

 

 

- Ends -

For further information:

 

      Redcentric plc                                           via Burson Buchanan

      Richard McGuire, Chairman                                www.redcentricplc.com (http://www.redcentricplc.com/)

      Michelle Senecal de Fonseca, CEO

                                                               Tel: +44 (0) 20 7220 0500

     Cavendish Capital Markets Limited - Nomad and Broker

     Marc Milmo / Callum Davidson (Corporate Finance)

     Andrew Burdis / Sunila de Silva (ECM)

 

 

For media enquiries:

    Burson Buchanan (Financial Communications)             Tel: +44 (0) 20 7466 5000

    Henry Harrison-Topham / Jamie Hooper / Toto Berger     redcentric@buchanancomms.co.uk (mailto:redcentric@buchanancomms.co.uk)

Notes to Editors:

Redcentric has a strong track record in delivering IT managed services
provision that empowers businesses to scale, innovate and grow in a rapidly
evolving digital landscape. As technology continues to advance the Company's
goal is to be the go-to-all-in-one infrastructure and managed IT service
provider for customers of all sizes offering an unmatched range of products
and solutions.

 

The Company's MSP division serves the private and public sectors with all
their IT requirements.  The MSP division acts as an outsourced IT department,
handling day to day maintenance and security of customers' IT infrastructures.
This allows customers to improve security and efficiency and focus on growing
their core businesses.

 

From infrastructure management and cloud services to cybersecurity and data
analytics, Redcentric has a comprehensive suite of solutions designed to meet
the diverse needs of modern businesses.

 

For additional information please visit www.redcentricplc.com
(http://www.redcentricplc.com/)

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