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Pin to quick picksConcurrent Technologies Regulatory News (CNC)

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Result of General Meeting

4 Sep 2023 13:20

RNS Number : 3110L
Concurrent Technologies PLC
04 September 2023
 

4 September 2023

 

Concurrent Technologies Plc

("Concurrent Technologies" or the "Company")

 

Result of General Meeting

 

Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer solutions for critical applications, announces that at the General Meeting of the Company held earlier today both resolutions were duly passed.

 

The Company is pleased to confirm that as a result of obtaining shareholder approval for the Fundraising, which comprised an oversubscribed Placing and Retail Offer, Concurrent Technologies has raised a total of £6.8 million through the issue of 10,461,538 Ordinary Shares. The proceeds of the Fundraising will enable the completion of the acquisition of the entire issued share capital of Phillips Machine & Welding Company, Inc (the "Acquisition"), which is due to complete on 6 September and a further announcement will be released in due course relating to the Acquisition.

 

Total Voting Rights

 

The Company has applied for admission of the New Ordinary Shares pursuant to the Fundraising to trading on AIM ("Admission"). Admission will occur at or around 8.00 a.m. on 5 September 2023. On Admission, the Company will have 84,361,550 Ordinary Shares in issue, of which 531,522 Ordinary Shares are held in treasury. Therefore, the figure of 83,830,028 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Any term capitalised in this Announcement which is not also defined shall have the same meaning as in the announcement made by the Company on 16 August 2023 entitled 'Proposed Acquisition and Notice of General Meeting' unless the context requires otherwise.

 

Enquiries:

 

Concurrent Technologies Plc Miles Adcock - CEO

Kim Garrod - CFO

 

+44 (0)1206 752626

SEC Newgate (Financial PR) Bob Huxford

Alice Cho

Matthew Elliott

concurrent@secnewgate.co.uk

07469 154806

Cenkos Securities Plc (NOMAD) Neil McDonald

Peter Lynch

+44 (0)131 220 9771

+44 (0)131 220 9772

 

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 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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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ROMUSRUROSUKRAR
Date   Source Headline
31st Dec 20079:33 amRNSTotal Voting Rights
28th Dec 200710:52 amRNSDirector/PDMR Shareholding
27th Dec 20074:06 pmRNSDirector/PDMR Shareholding
24th Dec 200710:58 amRNSTransaction in Own Shares
21st Dec 200712:31 pmRNSTransaction in Own Shares
19th Dec 200711:28 amRNSTransaction in Own Shares
17th Dec 20074:41 pmPRNProduct Launch
5th Dec 20071:16 pmRNSDirector/PDMR Shareholding
3rd Dec 20073:31 pmPRNProduct Launch
30th Nov 20079:31 amRNSTotal Voting Rights
28th Nov 200711:07 amRNSTransaction in Own Shares
23rd Nov 20079:33 amRNSTransaction in Own Shares
22nd Nov 200710:14 amRNSTransaction in Own Shares
21st Nov 200711:15 amRNSTransaction in Own Shares
20th Nov 20071:17 pmRNSTransaction in Own Shares
19th Nov 20074:19 pmRNSHolding(s) in Company
19th Nov 200711:31 amRNSHolding(s) in Company
14th Nov 20073:46 pmRNSTransaction in Own Shares
14th Nov 200712:47 pmRNSTransaction in Own Shares
13th Nov 200710:00 amRNSTransaction in Own Shares
12th Nov 20073:57 pmRNSTransaction in Own Shares
31st Oct 20073:37 pmRNSTotal Voting Rights
24th Oct 20077:00 amPRNProduct Launch
17th Oct 20073:00 pmRNSTransaction in Own Shares
15th Oct 200710:21 amRNSTransaction in Own Shares
3rd Oct 20072:22 pmRNSTransaction in Own Shares
3rd Oct 20077:00 amRNSTransaction in Own Shares
28th Sep 20073:40 pmRNSTotal Voting Rights
21st Sep 20072:16 pmRNSDirector/PDMR Shareholding
21st Sep 200710:22 amRNSTransaction in Own Shares
20th Sep 20074:36 pmRNSDirector/PDMR Shareholding
19th Sep 20075:27 pmRNSDirector/PDMR Shareholding
19th Sep 20077:00 amPRNInterim Results
18th Sep 20072:56 pmPRNProduct Launch
11th Sep 200712:38 pmPRNNotice of Interim Results
6th Sep 200710:33 amPRNProduct Launch
28th Aug 20073:35 pmPRNProduct Launch
17th Aug 20073:22 pmRNSAIM Rule 26
8th Aug 20074:45 pmRNSHolding(s) in Company
31st Jul 20079:08 amRNSTotal Voting Rights
20th Jul 200710:55 amPRNProduct Launch
6th Jul 20074:17 pmRNSTransaction in Own Shares
27th Jun 20074:06 pmRNSDirector/PDMR Shareholding
19th Jun 20079:06 amRNSDirector/PDMR Shareholding
1st Jun 20073:53 pmPRNProduct Launch
23rd May 200711:10 amRNSHolding(s) in Company
15th May 20075:43 pmRNSHolding(s) in Company
18th Apr 200711:17 amPRNProduct Launch
23rd Mar 20075:05 pmRNSHolding(s) in Company
22nd Mar 20074:25 pmRNSHolding(s) in Company

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