Director Share Dealing
Director Brent Salgat sold 40,000 shares at 166.8p average price to cover tax on option exercise.
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Concurrent Technologies PLC (AIM: CNC), a designer and manufacturer of leading-edge computer products, systems and mission critical solutions used in high-performance markets by some of the world's major OEMs, announces that Brent Salgat, Director & Chief Revenue Officer, has sold 40,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at an average price of 166.8p to cover associated tax liabilities from his exercise of 150,000 share options, as notified on 13th September 2024.
Following the sale of the Ordinary Shares, Mr Salgat has a total interest in 110,000 Ordinary Shares, representing 0.13 per cent of the Company's issued share capital.
| a) | Name | Brent Salgat | |
| 2. | Reason for the Notification | ||
| a) | Position/status | Chief Revenue Officer & Executive 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 | Exercise of Options | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 167 pence | 30,000 ordinary shares | ||
| US$2.10 (166.48 pence) | 10,000 ordinary shares | ||
| d) | Aggregated information Aggregated volume price | N/A - Single Transaction | |
| e) | Date of the transaction | 26 February 2025 | |
| f) | Place of the transaction | AIM, London Stock Exchange |
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