REG - Concurrent Tech. - Issue of Share Options and PDMR Dealing

Concurrent TechnologiesAnnouncement

01/10/2025 07:00

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RNS Number : 5072B  Concurrent Technologies PLC  01 October 2025

1 October 2025

Concurrent Technologies Plc

(the "Company" or the "Group")

Issue of Share Options and PDMR Dealing

 

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 on
30 September 2025, the company granted share options (the "Share Options") of
468,674 ordinary shares of 1p each in the share capital of the Company to 24
employees, including three persons discharging managerial responsibility, as
set out below.

 

 Name          Position                 Number of Share Options
 Miles Adcock  Chief Executive Officer  134,228
 Kim Garrod    Chief Financial Officer  56,957
 Brent Salgat  Chief Revenue Officer    52,931

 

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 31 December 2025 and ending with
the year ending 31 December 2028.

 

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 & Broker)      +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/) .

 

 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                                                                                   134,228 ordinary shares

 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                      30 September 2025

 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                                                                                   56,957 ordinary shares

 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                      30 September 2025

 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                                                                                   52,931 ordinary shares

 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                       30 September 2025

 f)  Place of the transaction                                     Outside a trading venue

 

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