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Concurrent Technologies PLC announced on 1 October 2025 that on 30 September 2025, it granted 468,674 share options to 24 employees, including three persons discharging managerial responsibility. These options, granted under the Long Term Incentive Plan, have an exercise price of 1 pence each and include 134,228 options for CEO Miles Adcock, 56,957 for CFO Kim Garrod, and 52,931 for CRO Brent Salgat.
| Date | 1 Oct 2025 |
| Time | 07:00:15 |
| Category | Director/PDMR dealings |
| ID | 5072B |
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 Kim Garrod - CFO
|
+44 (0)1206 752626
|
|
Alma Strategic Communications Hannah Campbell Will Merison
|
+44 (0)20 3405 0205
|
|
Cavendish Capital Markets Limited (NOMAD & Broker) Peter Lynch |
+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.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
||
|
a) |
Name |
Miles Adcock
|
|
|
2. |
Reason for the Notification
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||
|
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
|
|