Issue of Share options and PDMR dealing

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 Kim Garrod  - CFO	[phone]
Newgate (Financial PR) Bob Huxford Isabelle Smurfit	[phone] [phone]
Cenkos Securities Plc (NOMAD) Neil McDonald Peter Lynch	[phone] [phone]

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 Aggregated volume price	N/A - Single Transaction
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 Aggregated volume price	N/A - Single Transaction
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 Aggregated volume price	N/A - Single Transaction
e)	Date of the transaction	28 October 2022
f)	Place of the transaction	Outside a trading venue

 

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