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Director/PDMR Shareholding

11 Oct 2019 13:45

RNS Number : 6652P
Concurrent Technologies PLC
11 October 2019
 

11 October 2019

 

Concurrent Technologies Plc

(the 'Company')

 

Director / PDMR Shareholding

 

Concurrent Technologies Plc, a world leading specialist in the design and manufacture of high-end embedded computer products for critical applications in the defence, aerospace, telecommunications, transportation, scientific and industrial markets, announces that it has been notified that Mr David Evans-Hughes, Engineering Director, sold 15,555 ordinary shares at 65.2 pence on 9 October 2019 and 27,000 ordinary shares at 65.255 pence on 10 October 2019.

 

Following completion of these transactions, Mr Evans-Hughes has an interest in 791,341 ordinary shares, representing 1.1% of the issued share capital of the Company.

 

Enquiries:

 

Concurrent Technologies Plc Jane Annear, Managing Director/CEO

 

+44 (0)1206 752626

 

 

Newgate (Financial PR) Bob Huxford

Fiona Norman

 

+44 (0)20 7653 9848+44 (0)20 3757 6885

 

 

Cenkos Securities Plc (NOMAD) Neil McDonald

Peter Lynch

+44 (0)131 220 9771

+44 (0)131 220 9772

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Evans-Hughes

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

Sale of Ordinary Shares

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

65.2 pence

15,555 ordinary shares

65.255 pence

27,000 ordinary shares

d)

Aggregated information

Aggregated volume price

42,555 ordinary shares

 

£27,760.71

 

e)

Date of the transaction

9 and 10 October 2019

 

f)

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 8th generation 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.
 
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