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Concurrent Tech. - Issue of Share Options and PDMR Dealing

RNS Number : 5072B

Concurrent Technologies PLC

01 October 2025

 

1 October 2025

Concurrent Technologies Plc

(the "Company" or the "Group")

Issue of Share Options and PDMR Dealing

 

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 on 30 September 2025, the company granted share options (the "Share Options") of 468,674 ordinary shares of 1p each in the share capital of the Company to 24 employees, including three persons discharging managerial responsibility, as set out below.

 

NamePositionNumber of Share Options
Miles AdcockChief Executive Officer134,228
Kim GarrodChief Financial Officer56,957
Brent SalgatChief Revenue Officer52,931
  All the Share Options are granted under the Concurrent Technologies PLC Long Term Incentive Plan and have an exercise price of 1 pence and are subject to performance conditions linked to the increase in basic earnings per Ordinary Share for the complete years commencing with 31 December 2025 and ending with the year ending 31 December 2028.   Enquiries:  
Concurrent Technologies PlcMiles Adcock - CEO
Kim Garrod - CFO
+44 (0)1206 752626
Alma Strategic CommunicationsJosh Royston
Hannah Campbell
Will Merison
+44 (0)20 3405 0205
Cavendish Capital Markets Limited (NOMAD & Broker)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.  
1.Details of the person discharging managerial responsibilities / person closely associated
a)NameMiles Adcock
2.Reason for the Notification
a)Position/statusDirector
b)Initial notification/amendmentInitial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameConcurrent Technologies Plc
b)LEI213800422HXP2X6UPD94
4.Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted
a)Description of the Financial instrument, type of instrumentOrdinary shares of 1 pence each
Identification codeGB0002183191
b)Nature of the TransactionGrant of Share Options under the Long Term Incentive Plan
c)Price(s) and volume(s)Price(s)Volume(s)
1.0 pence134,228 ordinary shares
d)Aggregated information
Aggregated volume price
N/A - Single Transaction
e)Date of the transaction30 September 2025
f)Place of the transactionOutside a trading venue
   
1.Details of the person discharging managerial responsibilities / person closely associated
a)NameKim Garrod
2.Reason for the Notification
a)Position/statusDirector
b)Initial notification/amendmentInitial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameConcurrent Technologies Plc
b)LEI213800422HXP2X6UPD94
4.Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted
a)Description of the Financial instrument, type of instrumentOrdinary shares of 1 pence each
Identification codeGB0002183191
b)Nature of the TransactionGrant of Share Options under the Long Term Inventive Plan
c)Price(s) and volume(s)Price(s)Volume(s)
1.0 pence56,957 ordinary shares
d)Aggregated information
Aggregated volume price
N/A - Single Transaction
e)Date of the transaction30 September 2025
f)Place of the transactionOutside a trading venue
       
1.Details of the person discharging managerial responsibilities / person closely associated
a)NameBrent Salgat
2.Reason for the Notification
a)Position/statusDirector
b)Initial notification/amendmentInitial notification
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameConcurrent Technologies Plc
b)LEI213800422HXP2X6UPD94
4.Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted
a)Description of the Financial instrument, type of instrumentOrdinary shares of 1 pence each
Identification codeGB0002183191
b)Nature of the TransactionGrant of Share Options under the Long Term Incentive Plan
c)Price(s) and volume(s)Price(s)Volume(s)
1.0 pence52,931 ordinary shares
d)Aggregated information
Aggregated volume price
N/A - Single Transaction
e)Date of the transaction30 September 2025
f)Place of the transactionOutside a trading venue
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