Holding(s) in Company

Summary by AI BETAClose X

Concurrent Technologies Plc has announced a change in the notifiable interest of Lord John Lee of Trafford. Following the death of a fund beneficiary, Lord Lee has ceased discretionary investment management for a fund, resulting in him no longer having an interest in those specific shares. Consequently, Lord Lee is now interested in 1,746,600 ordinary shares, representing 2.01 per cent. of the Company's issued share capital.

Disclaimer*

Concurrent Technologies PLC
13 July 2026
 

 

13 July 2026

Concurrent Technologies Plc

("Concurrent", the "Company" or the "Group")

 

Holding(s) in Company

 

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 it has received a notification from Lord John Lee of Trafford in respect of a change to his notifiable interest in the Company's ordinary shares.

 

Part of Lord Lee's previously notified interest arose from ordinary shares held by a fund in respect of which he exercised discretionary investment management and, accordingly, was treated as controlling the associated voting rights for the purposes of the FCA's Disclosure Guidance and Transparency Rules.

 

Following the death of the beneficiary of that fund, Lord Lee has ceased to exercise discretionary investment management in relation to the fund, with responsibility for the fund, including the exercise of voting rights and investment decisions, passing to the executors of the beneficiary's estate. As a result, Lord Lee no longer has an interest in those shares.

 

Accordingly, Lord John Lee is now interested in 1,746,600 ordinary shares in the Company, representing 2.01 per cent. of the Company's issued share capital.

 

Enquiries:

 

Concurrent Technologies Plc
Miles Adcock - CEO

Kim Garrod - CFO

 

 

+44 (0)1206 752626

 

Alma Strategic Communications
Hannah Campbell / Josh Royston / Will Merison

 

+44 (0)20 3405 0205

 

Investec Bank plc (Financial Adviser, Nominated Adviser and Corporate Broker)
Nick Prowting / Virginia Bull / Arnav Kapoor / Tommy Jackson


+44 (0)20 7597 5970

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 www.concurrent.tech.

 

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