Concurrent Technologies PLC Issue of Share options and PDMR dealing (4081E)
October 28 2022 - 2:00AM
UK Regulatory
TIDMCNC
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 +44 (0)1206 752626
Newgate (Financial PR)
Bob Huxford +44 (0)20 7653 9848
Isabelle Smurfit +44 (0)20 3757 3411
Cenkos Securities Plc (NOMAD)
Neil McDonald +44 (0)131 220 9771
Peter Lynch +44 (0)131 220 9772
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(R)
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 Ordinary shares of 1 pence each
Financial instrument,
type of instrument
------------------------------- ----------------------------------------
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 Ordinary shares of 1 pence each
Financial instrument,
type of instrument
------------------------------- ----------------------------------------
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 Ordinary shares of 1 pence each
Financial instrument,
type of instrument
------------------------------- ----------------------------------------
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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END
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