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CONCURRENT TECHNOLOGIES PLC Remuneration Information 2015

Mar 30, 2015

7571_rns_2015-03-30_98e0189a-e2a9-427e-9094-76b880d82a0d.html

Remuneration Information

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National Storage Mechanism | Additional information

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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 Shares Held % of Share Capital Options Granted Total Number 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® processors, including the latest 4th generation Intel® Core™ i7, 3rd generation Intel® Core™ i7, 2nd generation Intel® Core™ i7, Intel® Core™ i7 processors and Intel® Atom™ 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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