CONCURRENT TECHNOLOGIES PLC

AGM Information • May 25, 2017

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 2733G

Concurrent Technologies PLC

25 May 2017

25 May 2017

CONCURRENT TECHNOLOGIES PLC

ANNUAL GENERAL MEETING STATEMENT

At today's Annual General Meeting of 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, Michael Collins, Chairman, made the following statement:

"I am pleased to report that the Company's performance during the first four months of 2017 has been encouraging and the turnover and operating profit are both in line with the Board's expectations. Our cash position remains strong following increased dividend payments in respect of 2016 and our continuing investment in product development."

All of the resolutions were duly passed at today's Annual General Meeting.

Enquiries:

Concurrent Technologies Plc

Glen Fawcett, CEO                                          +44 (0)1206 752 626

Newgate (Financial PR)

Bob Huxford                                                      +44 (0)207 653 9850

James Browne                                                  +44 (0)207 653 9850

Cenkos Securities plc (NOMAD)

Neil McDonald                                                  +44 (0)131 220 9771

Nick Tulloch                                                       +44 (0)131 220 9772

Beth McKiernan                                                +44 (0)131 220 9778

For more information on Concurrent Technologies Plc and its products please visit www.cct.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGEADSSASLXEFF