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New Managing Director of Products Appointed

27th Jan 2026 07:00

RNS Number : 4048Q
Concurrent Technologies PLC
27 January 2026
 

27 January 2026

Concurrent Technologies Plc

(the "Company" or the "Group")

 

Appointment of Jon Jayal as Managing Director of Products

 

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 the appointment of Jon Jayal as Managing Director of Products, effective as of 16 March 2026.

 

Jon is former CEO of Nexteq plc, an AIM-listed multinational computer technology business. He joined the business at its inception as an electronics design engineer, later playing a key role in its flotation on the London Stock Exchange before becoming Group CEO, a role he held until August 2024. Under his leadership, the company grew revenues to over $100m, completed multiple acquisitions, expanded into new markets and successfully launched several new products.

 

Jon also combines an engineering background with strong financial acumen and a deep understanding of capital markets, having held senior leadership roles at Mercer Investment Consulting and BlackRock.

 

Dr Miles Adcock, CEO, commented: "Jon brings a wealth of experience specific to products similar to ours, with a strong track record of scaling, entering new markets and driving growth. We are pleased to welcome him to Concurrent at an exciting time for the business. This is the latest senior leadership appointment as we continue to scale the business. I look forward to working with Jon in the years to come."

 

Enquiries:

 

Concurrent Technologies PlcMiles Adcock - CEO

Kim Garrod - CFO

 

 

+44 (0)1206 752626

Alma Strategic CommunicationsHannah Campbell

Josh Royston

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 www.concurrent.tech.

 

 

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