Issue of Share Options and PDMR Dealing
Company granted 468,674 share options to 24 employees including three directors with 1p exercise price.
- Share options granted 468,674 ordinary shares
- Exercise price 1 pence per share
- CEO share options (Miles Adcock) 134,228
- CFO share options (Kim Garrod) 56,957
- CRO share options (Brent Salgat) 52,931
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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 on 30 September 2025, the company granted share options (the "Share Options") of 468,674 ordinary shares of 1p each in the share capital of the Company to 24 employees, including three persons discharging managerial responsibility, as set out below.
| Name | Position | Number of Share Options |
|---|---|---|
| Miles Adcock | Chief Executive Officer | 134,228 |
| Kim Garrod | Chief Financial Officer | 56,957 |
| Brent Salgat | Chief Revenue Officer | 52,931 |
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 31 December 2025 and ending with the year ending 31 December 2028.
| 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 | 134,228 ordinary shares | ||
| d) | Aggregated information Aggregated volume price | N/A - Single Transaction | |
| e) | Date of the transaction | 30 September 2025 | |
| 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 | 56,957 ordinary shares | ||
| d) | Aggregated information Aggregated volume price | N/A - Single Transaction | |
| e) | Date of the transaction | 30 September 2025 | |
| 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 | 52,931 ordinary shares | ||
| d) | Aggregated information Aggregated volume price | N/A - Single Transaction | |
| e) | Date of the transaction | 30 September 2025 | |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.