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Concurrent Technologies PLC applied to the London Stock Exchange for the admission to trading on AIM of 23,529 new ordinary shares of 1p each. These shares will satisfy the exercise of options by certain employees under the Company's Long Term Incentive Plan, with admission anticipated to be effective on 1 May 2025. Following this issue, the total number of ordinary shares with voting rights for the Company is 86,335,328.
| Date | 28 Apr 2025 |
| Time | 07:00:08 |
| Category | Miscellaneous |
| ID | 3666G |
28 April 2025
Concurrent Technologies Plc
(the "Company" or the "Group")
Exercise of Options, Issue of New Ordinary Shares and TVR
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 an application has been made to the London Stock Exchange for the admission to trading on AIM of 23,529 new ordinary shares of 1p each in Company (the "New Ordinary Shares") to satisfy the exercise of options by certain employees granted under the Company's Long Term Incentive Plan. It is anticipated that admission will become effective, and that dealings in the New Ordinary Shares will commence at 8.00 a.m. BST on 1 May 2025.
Total Voting Rights
Following the issue of the New Ordinary Shares the total number of Ordinary Shares with voting rights is 86,335,328. This figure of 86,335,328 Ordinary Shares may be used by Company's shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Concurrent Technologies Plc under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
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Concurrent Technologies Plc Kim Garrod - CFO |
+44 (0)1206 752626
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Alma Strategic Communications Hannah Campbell Will Merison |
+44 (0)20 3405 0205
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Cavendish Capital Markets Limited (NOMAD) Peter Lynch
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+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.