Exercise of Options, Director Dealing and TVR
Concurrent Technologies PLC announced the admission of 100,000 new ordinary shares to trading on AIM, valued at 101.5 pence each, to satisfy the exercise of options by Chief Revenue Officer Brent Salgat. Following this, Mr. Salgat sold 69,445 ordinary shares at 217.0 pence each to cover transaction costs, leaving him with 201,555 shares, representing 0.23% of the enlarged issued share capital. The total number of ordinary shares with voting rights is now 86,939,048.
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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 100,000 new ordinary shares of 1p each in the Company (the "New Ordinary Shares") to satisfy the exercise of options (the "Exercise") by Brent Salgat, Chief Revenue Officer, 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 15 December 2025.
Further to the Exercise, Brent Salgat has sold 69,445 Ordinary Shares in the Company in order to cover costs arising from the Exercise (together with the Exercise, the "Transaction").
Following the Transaction Brent Salgat holds 201,555 Ordinary Shares in the Company, representing 0.23% 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 86,939,048. This figure of 86,939,048 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 | Brent Salgat |
| 2. | Reason for the Notification | |
| a) | Position/status | Chief Revenue 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 1 101.5 pence 100,000 Share Options 2 217.0 pence 69,445 Ordinary Shares |
| d) | Aggregated information Aggregated volume price | N/A |
| e) | Date of the transaction | 8 December 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.