Concurrent Technologies Regulatory News (CNC)

21 Mar 2006 12:41

Concurrent Technologies PLC21 March 2006 21 March 2006 Concurrent Technologies plc Director Shareholdings Concurrent Technologies plc ("the Company") announces that it has been notifiedtoday that the Trustees of the Self Invested Pension Plan of Michael Collins,Non-Executive Chairman, sold 1,050,000 Ordinary Shares in the Company on 21March 2006 at a price of 30 pence per share. Following the sale, his beneficialholding is now 1,519,905 Ordinary Shares, representing 2.09% of the issued sharecapital. The Company was also notified today that on 20 March 2006, the Trustees of theSelf Invested Pension Plan of Peter Crowther, Non-Executive Director, also sold500,000 Ordinary Shares in the Company at a price of 30 pence per share.Following the sale, his beneficial holding is now 869,605 Ordinary Shares,representing 1.2% of the issued share capital. The purpose of these transactions was partly to meet institutional demand, toenable the Directors concerned to achieve a better balance of investments intheir pension plans and to provide increased liquidity in the shares. This information is provided by RNS The company news service from the London Stock Exchange