Director/PDMR Shareholding

RNS Number : 5722L

Concurrent Technologies PLC

30 April 2020

 

30 April 2020

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 Concurrent Trust which is a PCA (Person Closely Associated) with Mr Michael Collins, Chairman, has sold 100,000 ordinary shares at 102.5 pence per share on 29 April 2020, the proceeds of this sale to be used to settle a tax liability.

Following completion of this transaction, Mr Collins retains a substantial interest of 4,343,287 ordinary shares, representing 5.9% of the issued share capital of the Company.

Enquiries:

Concurrent Technologies Plc Jane Annear, Managing Director/CEO	[phone]
Newgate (Financial PR) Bob Huxford Isabelle Smurfit	[phone] [phone]
Cenkos Securities Plc (NOMAD) Neil McDonald Peter Lynch	[phone] [phone]

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Concurrent Trust
2.	Reason for the Notification
a)	Position/status	PCA with Michael Collins -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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 102.5 pence 100,000 ordinary shares
d)	Aggregated information Aggregated volume price	100,000 ordinary shares £1.025
e)	Date of the transaction	29 April 2020
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^® processors, including the latest 9^th 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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