Concurrent Tech. - Exercise of Options, New Ordinary Shares and TVR

Concurrent Technologies

18/06/2025 14:19

RNS Number : 4368N

Concurrent Technologies PLC

18 June 2025

 

18 June 2025

Concurrent Technologies Plc

(the "Company" or the "Group")

Exercise of Options, Issue of New Ordinary Shares and TVR

 

Concurrent Technologies PLC (AIM: CNC), a designer and manufacturer of leading-edge computer products, systems and mission critical solutions used in high-performance markets by some of the world's major OEMs, announces that an application has been made to the London Stock Exchange for the admission to trading on AIM of 39,116 new ordinary shares of 1p each in Company (the "New Ordinary Shares") to satisfy the exercise of options by certain employees granted under the Company's Long Term Incentive Plan. It is anticipated that admission will become effective, and that dealings in the New Ordinary Shares will commence on or around 8.00 a.m. on 24 June 2025.

 

Total Voting Rights

Following the issue of the New Ordinary Shares the total number of Ordinary Shares with voting rights is 86,430,327. This figure of 86,430,327 Ordinary Shares may be used by Company's shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Concurrent Technologies Plc under the FCA's Disclosure Guidance and Transparency Rules.

 

 

Enquiries:

 

Concurrent Technologies PlcMiles Adcock - CEO
Kim Garrod - CFO
+44 (0)1206 752626
Alma Strategic CommunicationsJosh Royston
Hannah Campbell
+44 (0)20 3405 0205
Cavendish Capital Markets Limited (NOMAD)Neil McDonald
Peter Lynch

 +44 (0)131 220 9771
+44 (0)131 220 9772

About Concurrent Technologies Plc

Concurrent Technologies Plc develops and manufactures high-end embedded Plug In Cards and Systems for use in a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest generation embedded Intel® Core™ processors, Intel® Xeon® and Intel Atom™ processors.  The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems.  The products are sold world-wide.

 

For more information on Concurrent Technologies Plc and its products please visit https://concurrent.tech.

 

 

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