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Share Name Share Symbol Market Type Share ISIN Share Description
Concurrent Technologies Plc LSE:CNC London Ordinary Share GB0002183191 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.52% 97.50 95.00 100.00 97.50 97.00 97.00 20,123 10:09:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 19.4 4.1 5.5 17.7 72

Concurrent Technologies PLC Issue of Share Options and PDMR dealing

16/10/2020 7:00am

UK Regulatory (RNS & others)


Concurrent Technologies (LSE:CNC)
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From Sep 2020 to Oct 2020

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TIDMCNC

RNS Number : 2651C

Concurrent Technologies PLC

16 October 2020

16 October 2020

Concurrent Technologies Plc

(the 'Company')

Issue of Share options and PDMR dealing

The Board of Concurrent Technologies Plc (AIM:CNC) announces that, on 14 October, the Company granted share options (the "Share Options") over 675,000 ordinary shares of 1p each in the share capital of the Company to 14 employees, including certain persons discharging managerial responsibilities, as detailed below.

The Share Options have an exercise price, calculated in accordance with the rules of the Enterprise Management Incentive Scheme 2000, of 101.5 pence each.

The Share Options will vest after 3 years and are subject to performance conditions linked to the average basic earnings per Ordinary Share for the complete years commencing with 1(st) January 2020 and ending with the year ending most immediately prior to the exercise of the Option.

Enquiries:

 
Concurrent Technologies Plc 
 Jane Annear, Managing Director/CEO    +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 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 9(th) generation embedded 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.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Jane Annear 
     -------------------------------  -------------------------------------------- 
 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 approved 
                                        EMI 2000 scheme 
     -------------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)        Volume(s) 
     ------------------------------- 
                                       101.5 pence     100,000 ordinary shares 
     -------------------------------  ---------------  --------------------------- 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  -------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  -------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------------------- 
 
 
 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        Grant of Share Options under the approved 
                                        EMI 2000 scheme 
     -------------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)        Volume(s) 
     ------------------------------- 
                                       101.5 pence     50,000 ordinary shares 
     -------------------------------  ---------------  --------------------------- 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  -------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  -------------------------------------------- 
 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 approved 
                                        EMI 2000 scheme 
     -------------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)        Volume(s) 
     ------------------------------- 
                                       101.5 pence     100,000 ordinary shares 
     -------------------------------  ---------------  --------------------------- 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  -------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  -------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Jason Wilkes 
     -------------------------------  ------------------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------------------- 
 a)   Position/status                  Person discharging managerial responsibilities 
     -------------------------------  ------------------------------------------------- 
 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 approved 
                                        EMI 2000 scheme 
     -------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)          Volume(s) 
     ------------------------------- 
                                       101.5 pence       50,000 ordinary shares 
     -------------------------------  -----------------  ------------------------------ 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  ------------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  ------------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             George Dickey 
     -------------------------------  ------------------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------------------- 
 a)   Position/status                  Person discharging managerial responsibilities 
     -------------------------------  ------------------------------------------------- 
 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 approved 
                                        EMI 2000 scheme 
     -------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)          Volume(s) 
     ------------------------------- 
                                       101.5 pence       50,000 ordinary shares 
     -------------------------------  -----------------  ------------------------------ 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  ------------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  ------------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Nigel Forrester 
     -------------------------------  ------------------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------------------- 
 a)   Position/status                  Person discharging managerial responsibilities 
     -------------------------------  ------------------------------------------------- 
 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 approved 
                                        EMI 2000 scheme 
     -------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)          Volume(s) 
     ------------------------------- 
                                       101.5 pence       50,000 ordinary shares 
     -------------------------------  -----------------  ------------------------------ 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  ------------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  ------------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             John Martin 
     -------------------------------  ------------------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------------------- 
 a)   Position/status                  Person discharging managerial responsibilities 
     -------------------------------  ------------------------------------------------- 
 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 approved 
                                        EMI 2000 scheme 
     -------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)          Volume(s) 
     ------------------------------- 
                                       101.5 pence       50,000 ordinary shares 
     -------------------------------  -----------------  ------------------------------ 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  ------------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  ------------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Richard Whittam 
     -------------------------------  ------------------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------------------- 
 a)   Position/status                  Person discharging managerial responsibilities 
     -------------------------------  ------------------------------------------------- 
 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 approved 
                                        EMI 2000 scheme 
     -------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)          Volume(s) 
     ------------------------------- 
                                       101.5 pence       50,000 ordinary shares 
     -------------------------------  -----------------  ------------------------------ 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  ------------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  ------------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Adrian Needham 
     -------------------------------  ------------------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------------------- 
 a)   Position/status                  Person discharging managerial responsibilities 
     -------------------------------  ------------------------------------------------- 
 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 approved 
                                        EMI 2000 scheme 
     -------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)          Volume(s) 
     ------------------------------- 
                                       101.5 pence       25,000 ordinary shares 
     -------------------------------  -----------------  ------------------------------ 
 d)   Aggregated information           N/A - Single Transaction 
       Aggregated volume 
       price 
     -------------------------------  ------------------------------------------------- 
 e)   Date of the transaction          14 October 2020 
     -------------------------------  ------------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------------------- 
 

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