REG - Concurrent Tech. - Grant of Share Options <Origin Href="QuoteRef">CNCT.L</Origin>

Concurrent TechnologiesAnnouncement

30/03/2015 11:20

RNS Number : 8489I
Concurrent Technologies PLC
30 March 2015
30 March 2015
Concurrent Technologies Plc
Grant of Share Options
Concurrent Technologies Plc ("the Company"), a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, announces, that on 26 March 2015, the following Directors were each granted ordinary share options in the Company, all at an exercise price of 39.00p per share, as noted below. These options have an exercise period of between three and ten years and are conditional on an average weighted compound earnings per share growth of a minimum of 2.5% per annum:
Director
Ordinary Shares Held
% of Share Capital
Options Granted
Total Number of Share Options Held
Jane Annear
1,836,596
2.5%
400,000
450,630
David Evans-Hughes
939,451
1.3%
400,000
450,630
Glen Fawcett
1,672,431
2.3%
400,000
450,630
Enquiries:
Concurrent Technologies Plc
Glen Fawcett, CEO 
+44 (0)1206 752 626


Newgate (Financial PR)
Tim Thompson
Robyn McConnachie

+44 (0)207 653 9850


Cenkos Securities plc (NOMAD)
Neil McDonald

+44 (0)131 220 9771
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 applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets. Using Intel processors, including the latest 4th generation Intel Core i7, 3rd generation Intel Core i7, 2nd generation Intel Core i7, Intel Core i7 processors and Intel Atom processors, the Company offers a wide range of computer products which are designed to be compliant with industry specifications including those for products used in extremely harsh environments.
For more information on Concurrent Technologies Plc and its products please visit www.cct.co.uk.
All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.

This information is provided by RNS
The company news service from the London Stock Exchange
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