REG - Concurrent Tech. - Issue of Share options and PDMR dealing

Concurrent TechnologiesAnnouncement

28/10/2022 07:00

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RNS Number : 4081E  Concurrent Technologies PLC  28 October 2022

28(th) October 2022

 

Concurrent Technologies Plc

(the 'Company')

 

Issue of Share options and PDMR dealing

 

The Board of Concurrent Technologies Plc (AIM:CNC) announces that, on 28(th)
October 2022, the Company granted share options (the "Share Options") over
757,748 ordinary shares of 1p each in the share capital of the Company to nine
employees, including certain persons discharging managerial responsibilities,
as detailed below.

The Share Options have been granted under the Concurrent Technologies PLC Long
Term Incentive Plan, have an exercise price of 1 pence and are subject to
performance conditions linked to the basic earnings per Ordinary Share for
each of the three years commencing on 1 January 2023.

 

Enquiries:

 

 Concurrent Technologies Plc
 Miles Adcock - CEO

                              +44 (0)1206 752626
 Kim Garrod  - CFO

 Newgate (Financial PR)
 Bob Huxford

                              +44 (0)20 7653 9848
 Isabelle Smurfit
+44 (0)20 3757 3411

 Cenkos Securities Plc (NOMAD)  +44 (0)131 220 9771
 Neil McDonald

                              +44 (0)131 220 9772
 Peter Lynch

 

Note to Editors:

 

About Concurrent Technologies Plc

 

Concurrent Technologies designs and manufactures a range of computing products
for use in critical embedded applications.  The Company was established in
1985 with the majority of products being high performance Single Board
Computers (SBC's) based on Intel® CPU technology.  More recently the
product range has expanded to include other Plug in Cards in addition to
SBC's, as well as offering System level products and capability.

 

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.

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Miles Adcock
 2.  Reason for the Notification
 a)  Position/status                                              Director
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Concurrent Technologies Plc
 b)  LEI                                                          213800422HXP2X6UPD94
 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 instrument  Ordinary shares of 1 pence each
     Identification code                                          GB0002183191
 b)  Nature of the Transaction                                    Grant of Share Options under the Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)                       Volume(s)
     1.0 pence                                                                                   326,136 ordinary shares
 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                      28 October 2022
 f)  Place of the transaction                                     Outside a trading venue

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Brent Salgat
 2.  Reason for the Notification
 a)  Position/status                                              Director
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Concurrent Technologies Plc
 b)  LEI                                                          213800422HXP2X6UPD94
 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 instrument  Ordinary shares of 1 pence each
     Identification code                                          GB0002183191
 b)  Nature of the Transaction                                    Grant of Share Options under the Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)                       Volume(s)
     1.0 pence                                                                                   114,377 ordinary shares
 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                      28 October 2022
 f)  Place of the transaction                                     Outside a trading venue

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Kim Garrod
 2.  Reason for the Notification
 a)  Position/status                                              Director
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Concurrent Technologies Plc
 b)  LEI                                                          213800422HXP2X6UPD94
 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 instrument  Ordinary shares of 1 pence each
     Identification code                                          GB0002183191
 b)  Nature of the Transaction                                    Grant of Share Options under the Long Term Inventive Plan
 c)  Price(s) and volume(s)                                       Price(s)                       Volume(s)
     1.0 pence                                                                                   97,403 ordinary shares
 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                      28 October 2022
 f)  Place of the transaction                                     Outside a trading venue

 

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