REG - Concurrent Tech. - Exercise of Options

Concurrent TechnologiesAnnouncement

Mon 07:00

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RNS Number : 3666G  Concurrent Technologies PLC  28 April 2025

28 April 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 23,529 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 at 8.00 a.m. BST on 1 May 2025.

 

Total Voting Rights

Following the issue of the New Ordinary Shares the total number of Ordinary
Shares with voting rights is 86,335,328. This figure of 86,335,328 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 Plc
 Miles Adcock - CEO

                                          +44 (0)1206 752626
 Kim Garrod - CFO

 Alma Strategic Communications
 Josh Royston

                                          +44 (0)20 3405 0205
 Hannah Campbell

 Will Merison
 Cavendish Capital Markets Limited (NOMAD)  +44 (0)131 220 9771
 Neil McDonald

                                          +44 (0)131 220 9772
 Peter Lynch

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 (https://concurrent.tech/) .

 

 

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