Concurrent Technologies Plc
(the 'Company')
Concurrent Technologies Plc (AIM: CNC) advises that it has transferred a total of 420,000 ordinary shares of 1p each ("Ordinary Shares") from Treasury in order to satisfy the exercise of share options.
After this transfer, the Company's total issued share capital consists of 73,900,012 Ordinary Shares, of which 331,522 are held in Treasury. Therefore, the total number of the Company's Ordinary Shares with voting rights is 73,568,490.
This figure of 73,568,490 may be used by shareholders as the denominator for calculations to determine if they have a notifiable interest in the Company under the FCA's Disclosure and Transparency Rules, or if such interest has changed.
A tranche of these transfers from Treasury related to the exercise by Ms Jane Annear, Managing Director, of options in respect of 400,000 Ordinary Shares at 39 pence each on 26 May 2020. In a separate transaction on 27 May 2020, Ms Annear also transferred 11,500 Ordinary Shares from her personal share dealing account to an individual savings account ("ISA") in her name as set out below.
Following completion of these transactions, Ms Annear has an interest in 2,255,096 ordinary shares, representing 3.1% of the issued share capital of the Company.
Enquiries:
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Concurrent Technologies Plc |
+44 (0)1206 752626 |
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Newgate (Financial PR) Isabelle Smurfit |
+44 (0)20 7653 9848 |
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Cenkos Securities Plc (NOMAD) 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® processors, including the latest 9th 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.gocct.com.
All trademarks, registered trademarks and trade names used in this announcement are the property of their respective owners.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jane Annear |
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2. |
Reason for the Notification |
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a) |
Position/status |
Director |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Concurrent Technologies Plc |
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b) |
LEI |
213800422HXP2X6UPD94 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 1 pence each |
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Identification code |
GB0002183191 |
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b) |
Nature of the Transaction |
Exercise of Options |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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39 pence |
400,000 ordinary shares |
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d) |
Aggregated information Aggregated volume price |
N/A - Single Transaction |
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e) |
Date of the transaction |
26 May 2020 |
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f) |
Place of the transaction |
London Stock Exchange, AIM (LON:CNC) |
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jane Annear |
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2. |
Reason for the Notification |
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a) |
Position/status |
Director |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Concurrent Technologies Plc |
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b) |
LEI |
213800422HXP2X6UPD94 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 1 pence each |
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Identification code |
GB0002183191 |
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b) |
Nature of the Transaction |
Transfer of shares from Mrs Annear's personal share dealing account to an ISA in her name |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Sale from personal account at 114.00 pence |
11,500 Ordinary Shares |
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Acquisition into ISA at 114.25 pence per Ordinary Share |
11,500 Ordinary Shares |
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d) |
Aggregated information Aggregated volume price |
Aggregate number of Ordinary Shares sold: 11,500 Aggregate number of Ordinary Shares acquired: 11,500 Aggregate sale price: £13,110.00 Aggregate acquisition price: £13,138.75
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e) |
Date of the transaction |
27 May 2020 |
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f) |
Place of the transaction |
London Stock Exchange, AIM (LON:CNC) |
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