Concurrent Technologies PLC Grant of Share Options (8489I)
March 30 2015 - 6:19AM
UK Regulatory
TIDMCNC
RNS Number : 8489I
Concurrent Technologies PLC
30 March 2015
30 March 2015
Concurrent Technologies Plc
Grant of Share Options
Concurrent Technologies Plc ("the Company"), a world leading
specialist in the design and manufacture of high-end embedded
computer products for critical applications in the defence,
aerospace, telecommunications, transportation, scientific and
industrial markets, announces, that on 26 March 2015, the following
Directors were each granted ordinary share options in the Company,
all at an exercise price of 39.00p per share, as noted below. These
options have an exercise period of between three and ten years and
are conditional on an average weighted compound earnings per share
growth of a minimum of 2.5% per annum:
Director Ordinary % of Share Options Granted Total Number
Shares Held Capital of Share Options
Held
Jane Annear 1,836,596 2.5% 400,000 450,630
David Evans-Hughes 939,451 1.3% 400,000 450,630
Glen Fawcett 1,672,431 2.3% 400,000 450,630
Enquiries:
Concurrent Technologies Plc
Glen Fawcett, CEO +44 (0)1206 752 626
Newgate (Financial PR)
Tim Thompson
Robyn McConnachie +44 (0)207 653 9850
Cenkos Securities plc (NOMAD)
Neil McDonald +44 (0)131 220 9771
Note to Editors:
About Concurrent Technologies Plc
Concurrent Technologies Plc develops and manufactures high-end
embedded computer products for use in a wide range of high
performance applications within the telecommunications, defence,
security, telemetry, scientific and aerospace markets. Using
Intel(R) processors, including the latest 4th generation Intel(R)
Core(TM) i7, 3rd generation Intel(R) Core(TM) i7, 2nd generation
Intel(R) Core(TM) i7, Intel(R) Core(TM) i7 processors and Intel(R)
Atom(TM) processors, the Company offers a wide range of computer
products which are designed to be compliant with industry
specifications including those for products used in extremely harsh
environments.
For more information on Concurrent Technologies Plc and its
products please visit www.cct.co.uk.
All trademarks, registered trademarks and trade names used in
this announcement are the property of their respective owners.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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