CONCURRENT TECHNOLOGIES PLC

Board/Management Information • Feb 21, 2022

National Storage Mechanism | Additional information

RNS Number : 2037C

Concurrent Technologies PLC

21 February 2022

This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended. On publication of this announcement via a Regulatory Information Service, this information is considered to be in the public domain

21 February 2022

Concurrent Technologies Plc

(the 'Company')

Board changes

Concurrent Technologies Plc (AIM: CNC), a world leading specialist in the design and manufacture of high-end embedded computer boards for critical applications, is pleased to announce the appointment of Kim Garrod as Chief Financial Officer.  Kim will commence employment in the Spring of 2022 and will be an executive director of the Company.  Kim has extensive expertise as Finance Director at QinetiQ plc, with deep experience in transformation, performance improvement, governance, M&A, integration, and driving growth internationally within small and large businesses. Her capabilities and energy will be an exceptional addition to the team. 

Jonathan Martin, Chief Financial Officer, has decided to leave the Company, and has resigned from the Board with immediate effect and will leave the Company in due course. We thank Jonathan for several years committed service to Concurrent Technologies plc. 

Enquiries:

Concurrent Technologies Plc Miles Adcock - CEO	+44 (0)1206 752626
SEC Newgate (Financial PR) Bob Huxford Isabelle Smurfit	+44 (0)20 7653 9848 +44 (0)20 3757 3411
Cenkos Securities Plc (NOMAD) Neil McDonald Peter Lynch	+44 (0)131 220 9771 +44 (0)131 220 9772

The following information regarding the appointment of Kim Garrod (aged 55) is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies:

Full Name:	Kim Maria Michelle Garrod
Current Directorship / Partnerships:	QinetiQ Overseas Trading Limited QinetiQ Solutions Sdn. Bhd QinetiQ Philippines Company, Inc
Previous Directorship / Partnerships:	Commerce Decisions Limited

There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for Companies.

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, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest 11th generation embedded Intel® Core™, Intel® Xeon® and Intel Atom® processors. The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems. The products are sold world-wide.

For more information on Concurrent Technologies Plc and its products please visit www.gocct.com.

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAEAKAEAAKAEFA