Issue of Share Options and PDMR Dealing
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The Board of Concurrent Technologies Plc (AIM:CNC) announces that, on 25th September 2024, the Company granted share options (the "Share Options") over 834,483 ordinary shares of 1p each in the share capital of the Company to 22 employees, including certain persons discharging managerial responsibilities, as detailed below.
All the Share Options are granted under the Concurrent Technologies PLC Long Term Incentive Plan and have an exercise price of 1 pence and are subject to performance conditions linked to the increase in basic earnings per Ordinary Share for the complete years commencing with 1st January 2025 and ending with the year ending 31st December 2027.
| a) | Name | Miles Adcock | |
| 2. | Reason for the Notification | ||
| a) | Position/status | Director | |
| b) | Initial notification/amendment | Initial notification | |
| a) | Name | Concurrent Technologies Plc | |
| b) | LEI | 213800422HXP2X6UPD94 | |
| a) | Description of the Financial instrument, type of instrument | Ordinary shares of 1 pence each | |
| Identification code | GB0002183191 | ||
| b) | Nature of the Transaction | Grant of Share Options under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1.0 pence | 245,365 ordinary shares | ||
| d) | Aggregated information Aggregated volume price | N/A - Single Transaction | |
| e) | Date of the transaction | 25 September 2024 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Brent Salgat | |
| 2. | Reason for the Notification | ||
| a) | Position/status | Director | |
| b) | Initial notification/amendment | Initial notification | |
| a) | Name | Concurrent Technologies Plc | |
| b) | LEI | 213800422HXP2X6UPD94 | |
| a) | Description of the Financial instrument, type of instrument | Ordinary shares of 1 pence each | |
| Identification code | GB0002183191 | ||
| b) | Nature of the Transaction | Grant of Share Options under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1.0 pence | 100,938 ordinary shares | ||
| d) | Aggregated information Aggregated volume price | N/A - Single Transaction | |
| e) | Date of the transaction | 25 September 2024 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Kim Garrod | |
| 2. | Reason for the Notification | ||
| a) | Position/status | Director | |
| b) | Initial notification/amendment | Initial notification | |
| a) | Name | Concurrent Technologies Plc | |
| b) | LEI | 213800422HXP2X6UPD94 | |
| a) | Description of the Financial instrument, type of instrument | Ordinary shares of 1 pence each | |
| Identification code | GB0002183191 | ||
| b) | Nature of the Transaction | Grant of Share Options under the Long Term Inventive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1.0 pence | 98,195 ordinary shares | ||
| d) | Aggregated information Aggregated volume price | N/A - Single Transaction | |
| e) | Date of the transaction | 25 September 2024 | |
| f) | Place of the transaction | Outside a trading venue |
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