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27 November 2025
Concurrent Technologies Plc
(the "Company" or the "Group")
Exercise of Options, Director Dealing 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 ("Admission") of 267,379 new ordinary shares of 1p each in the Company (the "New Ordinary Shares") to satisfy the exercise of options (the "Exercise") by Miles Adcock, CEO, granted under the Company's EMI share option scheme. It is anticipated that Admission will become effective, and that dealings in the New Ordinary Shares will commence on or around 8.00 a.m. BST on 3 December 2025.
Further to the Exercise, Miles Adcock has sold 103,377 Ordinary Shares in the Company in order to cover costs arising from the Exercise (together with the Exercise, the "Transaction").
Following the Transaction Miles Adcock holds 315,431 Ordinary Shares in the Company, representing 0.36 per cent of the enlarged issued share capital.
Total Voting Rights
Following the issue of the New Ordinary Shares the total number of Ordinary Shares with voting rights is 86,739,048. This figure of 86,739,048 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
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+44 (0)1206 752626
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Alma Strategic Communications Hannah Campbell Will Merison
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+44 (0)20 3405 0205
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Cavendish Capital Markets Limited (NOMAD & Broker) 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.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Miles Adcock |
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2. |
Reason for the Notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Concurrent Technologies Plc |
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b) |
LEI |
213800422HXP2X6UPD94 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 1 pence each |
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Identification code |
GB0002183191 |
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b) |
Nature of the Transaction |
1. Exercise of Options 2. Sale of Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume price |
N/A |
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e) |
Date of the transaction |
26 November 2025 |
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f) |
Place of the transaction |
AIM, London Stock Exchange |
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Concurrent Technologies PLC announced an application for the admission of 267,379 new ordinary shares to AIM, resulting from CEO Miles Adcock's exercise of options at 93.5 pence per share on 26 November 2025, with admission anticipated on 3 December 2025. Miles Adcock subsequently sold 103,377 Ordinary Shares at 242.47 pence each on 26 November 2025. Following these transactions, Miles Adcock holds 315,431 Ordinary Shares (0.36 per cent of enlarged share capital), and the Company's total voting rights now stand at 86,739,048 Ordinary Shares.
| Date | 27 Nov 2025 |
| Time | 16:46:48 |
| Category | Director/PDMR dealings |
| ID | 3423J |