FCA v. Redcentric PLC (2020)

Judgment entered

Checked against the primary document on October 2, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

Report an error in this record (fca-redcentric-plc-2020) by email

In June 2020 the FCA published a public censure of Redcentric PLC for market abuse by publishing misstated net debt and cash figures in November 2015 and June 2016, which caused its shares to trade higher than they should have. The FCA chose censure over a fine to protect compensation to investors. The notice concerns misleading statements, not manipulative trading.

The record

Structured fields for this action, as recorded in our case library.
Agency	FCA
Date filed	2020-06-26
Date resolved	2020-06-26
Status	judgment
Criminal parallel	No
Defendants	Redcentric PLC (entity)
Cited as charged or alleged	FSMA 2000 s.118 (market abuse) (statutes and rules cited in the document; not a finding that they were violated)
Techniques

What was ordered

Civil penalty: —
Disgorgement: —
Prejudgment interest: —
Total relief: —
Alleged gain: —

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Financial Conduct Authority announced this matter on June 26, 2020. The respondents named are Redcentric PLC (0 individuals, 1 entity).

The notice finds Redcentric knew or should have known its published net debt and cash figures were false, giving a misleading impression of the value of its shares. This library carries no technique tag on this matter.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

Timeline

2020-06-26 FCA final notice

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

FCA final notice

The linked release is published by the issuing regulator under its own terms. Our summary and narrative above are our own writing.

Record added September 10, 2026. submit a correction.