Concurrent Technologies PLC Director/PDMR Shareholding (6652P)

TIDMCNC

RNS Number : 6652P

Concurrent Technologies PLC

11 October 2019

11 October 2019

Concurrent Technologies Plc

(the 'Company')

Director / PDMR Shareholding

Concurrent Technologies Plc, a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, announces that it has been notified that Mr David Evans-Hughes, Engineering Director, sold 15,555 ordinary shares at 65.2 pence on 9 October 2019 and 27,000 ordinary shares at 65.255 pence on 10 October 2019.

Following completion of these transactions, Mr Evans-Hughes has an interest in 791,341 ordinary shares, representing 1.1% of the issued share capital of the Company.

Enquiries:

 
Concurrent Technologies Plc 
 Jane Annear, Managing Director/CEO    [phone] 
 
Newgate (Financial PR) 
 Bob Huxford                           [phone] 
 Fiona Norman                           [phone] 
 
Cenkos Securities Plc (NOMAD) 
 Neil McDonald                         [phone] 
 Peter Lynch                           [phone] 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             David Evans-Hughes 
     -------------------------------  ---------------------------------------- 
 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        Sale of Ordinary Shares 
     -------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)       Volume(s) 
                                         65.2 pence     15,555 ordinary shares 
                                         65.255 pence   27,000 ordinary shares 
     -------------------------------  ---------------------------------------- 
 d)   Aggregated information           42,555 ordinary shares 
       Aggregated volume price 
                                        GBP27,760.71 
     -------------------------------  ---------------------------------------- 
 e)   Date of the transaction          9 and 10 October 2019 
     -------------------------------  ---------------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM (LON:CNC) 
     -------------------------------  ---------------------------------------- 
 

Note to Editors:

About Concurrent Technologies Plc

Concurrent Technologies Plc develops and manufactures high-end embedded computer products 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(R) processors, including the latest 8th generation Intel(R) Core(TM) processors, Intel(R) Xeon(R) and Intel(R) Atom(TM) 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.gocct.com.

All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHCKDDQBBDDNKD

(END) Dow Jones Newswires

October 11, 2019 08:45 ET (12:45 GMT)