Redcentric notes FCA probe on historic reporting

Redcentric notes that the Financial Conduct Authority (FCA) has begun an investigation after the historic overstatement of net assets and profits as described in the company’s announcements in November/December 2016.

It said this followed the completion of an independent forensic review commissioned by the board of Redcentric.

“Redcentric will co-operate fully with the FCA and other relevant authorities concerning this matter. A further announcement will be made in due course if appropriate,” the company said in a statement.

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