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

Concurrent TechnologiesAnnouncement

03/01/2025 17:30

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RNS Number : 1440S  Concurrent Technologies PLC  03 January 2025

3 January 2025

 

Concurrent Technologies Plc

(the 'Company')

 

Issue of Share options and PDMR dealing

 

The Board of Concurrent Technologies Plc (AIM:CNC) announces that, on 3
January 2025, the Company granted share options (the "Share Options") of
24,194 ordinary shares of 1p each in the share capital of the Company to two
employees.

 

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 1(st) January 2025 and ending
with the year ending 31(st) December 2027.

 

Enquiries:

 Concurrent Technologies Plc

Miles Adcock - CEO

                                          +44 (0)1206 752626
 Kim Garrod - CFO

 Alma Strategic Communications              +44 (0)20 3405 0205

Josh Royston

 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 (PICs) 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 www.concurrent.tech (http://www.concurrent.tech)

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