REG - Concurrent Tech. - Board Changes

Concurrent TechnologiesAnnouncement

21/02/2022 07:00

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RNS Number : 2037C  Concurrent Technologies PLC  21 February 2022

This announcement contains inside information as stipulated under the UK
version of the Market Abuse Regulation No 596/2014 which is part of English
Law by virtue of the European (Withdrawal) Act 2018, as amended. On
publication of this announcement via a Regulatory Information Service, this
information is considered to be in the public domain

 

21 February 2022

Concurrent Technologies Plc

(the 'Company')

 

Board changes

 

Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the
design and manufacture of high-end embedded computer boards for critical
applications, is pleased to announce the appointment of Kim Garrod as Chief
Financial Officer.  Kim will commence employment in the Spring of 2022 and
will be an executive director of the Company.  Kim has extensive expertise as
Finance Director at QinetiQ plc, with deep experience in transformation,
performance improvement, governance, M&A, integration, and driving growth
internationally within small and large businesses. Her capabilities and energy
will be an exceptional addition to the team.

 

Jonathan Martin, Chief Financial Officer, has decided to leave the Company,
and has resigned from the Board with immediate effect and will leave the
Company in due course. We thank Jonathan for several years committed service
to Concurrent Technologies plc.

 

Enquiries:

 Concurrent Technologies Plc
 Miles Adcock - CEO

                                +44 (0)1206 752626

 SEC Newgate (Financial PR)
 Bob Huxford

                              +44 (0)20 7653 9848
 Isabelle Smurfit

                                +44 (0)20 3757 3411

 Cenkos Securities Plc (NOMAD)
 Neil McDonald

                              +44 (0)131 220 9771
 Peter Lynch

                                +44 (0)131 220 9772

 

The following information regarding the appointment of Kim Garrod (aged 55) is
required to be disclosed under Schedule 2(g) of the AIM Rules for Companies:

 

 Full Name:                             Kim Maria Michelle Garrod
 Current Directorship / Partnerships:   QinetiQ Overseas Trading Limited

                                        QinetiQ Solutions Sdn. Bhd

                                        QinetiQ Philippines Company, Inc

 Previous Directorship / Partnerships:  Commerce Decisions Limited

 

There are no further disclosures to be made under Schedule 2(g) of the AIM
Rules for Companies.

 

Note to Editors:

 

About Concurrent Technologies Plc

 

Concurrent Technologies Plc develops and manufactures high-end embedded
computer products 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 11(th) generation embedded Intel(®) Core™,
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 www.gocct.com.

 

All trademarks, registered trademarks and trade names used in this
announcement are the property of their respective owners.

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