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Issue of Share Options and PDMR Dealing

1st Oct 2025 07:00

RNS Number : 5072B
Concurrent Technologies PLC
01 October 2025
 

1 October 2025

Concurrent Technologies Plc

(the "Company" or the "Group")

Issue of Share Options and PDMR Dealing

 

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 on 30 September 2025, the company granted share options (the "Share Options") of 468,674 ordinary shares of 1p each in the share capital of the Company to 24 employees, including three persons discharging managerial responsibility, as set out below.

 

Name

Position

Number of Share Options

Miles Adcock

Chief Executive Officer

134,228

Kim Garrod

Chief Financial Officer

56,957

Brent Salgat

Chief Revenue Officer

52,931

 

All the Share Options are granted under the Concurrent Technologies PLC Long Term Incentive Plan and have an exercise price of 1 pence and are subject to performance conditions linked to the increase in basic earnings per Ordinary Share for the complete years commencing with 31 December 2025 and ending with the year ending 31 December 2028.

 

Enquiries:

 

Concurrent Technologies Plc Miles Adcock - CEO

Kim Garrod - CFO

 

 

+44 (0)1206 752626

 

Alma Strategic Communications Josh Royston

Hannah Campbell

Will Merison

 

 

+44 (0)20 3405 0205

 

Cavendish Capital Markets Limited (NOMAD & Broker) Neil McDonald

Peter Lynch

+44 (0)131 220 9771

+44 (0)131 220 9772

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 https://concurrent.tech.

 

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 Financial instrument, type of instrument

Ordinary shares of 1 pence each

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

134,228 ordinary shares

 

 

d)

Aggregated information

Aggregated volume price

N/A - Single Transaction

e)

Date of the transaction

30 September 2025

 

 

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 Financial instrument, type of instrument

Ordinary shares of 1 pence each

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

56,957 ordinary shares

 

 

d)

Aggregated information

Aggregated volume price

N/A - Single Transaction

e)

Date of the transaction

30 September 2025

 

 

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 Financial instrument, type of instrument

Ordinary shares of 1 pence each

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

52,931 ordinary shares

 

 

d)

Aggregated information

Aggregated volume price

N/A - Single Transaction

e)

Date of the transaction

 30 September 2025

 

 

f)

Place of the transaction

Outside a trading venue

 

 

 

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