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Director/PDMR Shareholding

Fri, 14th Feb 2020 18:06

RNS Number : 1244D
Concurrent Technologies PLC
14 February 2020

14 February 2020


Concurrent Technologies Plc

(the 'Company')


Director / PDMR Shareholding


Concurrent Technologies Plc announces that its Chairman, Michael Collins, has gifted 1,000,000 Ordinary Shares in the Company into a trust, the trustees of which are Jennifer Eve Robson Collins (wife) and Amy Louise Robson Marsh (daughter), and which is established for the benefit of his wife Jennifer Collins and his children and their descendants. Before the gift into trust Michael Collins held 4,443,287 Ordinary Shares, representing 6.01% of the issued share capital of the Company. Following this transfer Michael Collins holds 3,443,287 Ordinary Shares, representing 4.66% of the issued share capital of the Company. However, the shares gifted into trust will continue to be considered to be an interest of Michael Collins as a director for accounting purposes and will thus for that purpose be aggregated with his remaining shareholding back to his previous shareholding of 4,443,287 Ordinary Shares.





Concurrent Technologies Plc
Jane Annear, Managing Director/CEO


+44 (0)1206 752626



Newgate (Financial PR)
Bob Huxford

Isabelle Smurfit


+44 (0)20 7653 9848
+44 (0)20 3757 3411



Cenkos Securities Plc (NOMAD)
Neil McDonald

Peter Lynch

+44 (0)131 220 9771

+44 (0)131 220 9772



Details of the person discharging managerial responsibilities / person closely associated



Michael Collins


Reason for the Notification





Initial notification/amendment

Initial notification



Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



Concurrent Technologies plc





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


Description of the Financial instrument, type of instrument

Ordinary shares of 1 pence each

Identification code



Nature of the Transaction

Gift to Family Trust



Price(s) and volume(s)



0 (nil) pence

1,000,000 ordinary shares


Aggregated information

Aggregated volume price

1,000,000 ordinary shares


£0.00 (nil)



Date of the transaction

13 February 2020



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 9th 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.



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Date   Source Headline
14th Feb 20206:06 pmRNSDirector/PDMR Shareholding
12th Feb 202012:18 pmRNSHolding(s) in Company
28th Jan 20207:00 amRNSProduct Announcement
24th Jan 20204:29 pmRNSHolding(s) in Company
21st Jan 20207:00 amRNSPost-Close Trading Update

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