Concurrent Technologies ( (GB:CNC) ) has issued an announcement.
Concurrent Technologies Plc has announced the issuance of 23,529 new ordinary shares to satisfy employee options under its Long Term Incentive Plan. This move will increase the total number of ordinary shares with voting rights to 86,335,328, allowing shareholders to adjust their interests in accordance with FCA’s rules, potentially impacting the company’s market positioning and shareholder dynamics.
More about Concurrent Technologies
Concurrent Technologies Plc develops and manufactures high-end embedded Plug In Cards and Systems for high-performance, long life cycle applications in telecommunications, defence, security, telemetry, scientific, and aerospace markets. Their products, featuring Intel processors, are designed for compliance with industry specifications and support leading embedded operating systems, and are sold worldwide.
YTD Price Performance: 18.18%
Average Trading Volume: 336,933
Technical Sentiment Signal: Sell
Current Market Cap: £139.4M
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