Total Voting Rights & Director Shareholding

RNS Number : 1305O

Concurrent Technologies PLC

27 May 2020

 

27 May 2020

Concurrent Technologies Plc

(the 'Company')

Total Voting Rights & Director Shareholding

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:

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]

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.

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 Financial instrument, type of instrument	Ordinary shares of 1 pence each
	Identification code	GB0002183191
b)	Nature of the Transaction	Exercise of Options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		39 pence	400,000 ordinary shares
d)	Aggregated information Aggregated volume price	N/A - Single Transaction
e)	Date of the transaction	26 May 2020
f)	Place of the transaction	London Stock Exchange, AIM (LON:CNC)

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 Financial instrument, type of instrument	Ordinary shares of 1 pence each
	Identification code	GB0002183191
b)	Nature of the Transaction	Transfer of shares from Mrs Annear's personal share dealing account to an ISA in her name
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Sale from personal account at 114.00 pence	11,500 Ordinary Shares
		Acquisition into ISA at 114.25 pence per Ordinary Share	11,500 Ordinary Shares
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
e)	Date of the transaction	27 May 2020
f)	Place of the transaction	London Stock Exchange, AIM (LON:CNC)

 

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