Exercise of Options, Director Dealing and TVR
Concurrent Technologies PLC announced the admission of 267,379 new ordinary shares to AIM, following the exercise of options by CEO Miles Adcock at 93.5 pence per share. Concurrently, Mr. Adcock sold 103,377 ordinary shares at 242.47 pence each to cover transaction costs, resulting in his holding of 315,431 shares, representing 0.36% of the enlarged issued share capital. The total number of ordinary shares with voting rights is now 86,739,048.
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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 an application has been made to the London Stock Exchange for the admission to trading on AIM ("Admission") of 267,379 new ordinary shares of 1p each in the Company (the "New Ordinary Shares") to satisfy the exercise of options (the "Exercise") by Miles Adcock, CEO, granted under the Company's EMI share option scheme. It is anticipated that Admission will become effective, and that dealings in the New Ordinary Shares will commence on or around 8.00 a.m. BST on 3 December 2025.
Further to the Exercise, Miles Adcock has sold 103,377 Ordinary Shares in the Company in order to cover costs arising from the Exercise (together with the Exercise, the "Transaction").
Following the Transaction Miles Adcock holds 315,431 Ordinary Shares in the Company, representing 0.36 per cent of the enlarged issued share capital.
Total Voting Rights
Following the issue of the New Ordinary Shares the total number of Ordinary Shares with voting rights is 86,739,048. This figure of 86,739,048 Ordinary Shares may be used by Company's shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Concurrent Technologies Plc under the FCA's Disclosure Guidance and Transparency Rules.
| a) | Name | Miles Adcock |
| 2. | Reason for the Notification | |
| a) | Position/status | Chief Executive Officer |
| 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 | 1. Exercise of Options 2. Sale of Ordinary Shares |
| c) | Price(s) and volume(s) | Transaction Price Volume 1 93.5 pence 2 67,379 Share Options 2 242.47 pence 103,377 Ordinary Shares |
| d) | Aggregated information Aggregated volume price | N/A |
| e) | Date of the transaction | 2 6 November 2025 |
| f) | Place of the transaction | AIM, London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.