13 February 2025
Concurrent Technologies Plc
(the “Company” or the “Group”)
Commencement of Trading on OTCQX in the U.S.
Concurrent Technologies Plc (AIM: CNC), a designer and manufacturer of leading-edge computer products, systems, and mission-critical solutions used in high-performance markets by some of the world’s major OEMs, is pleased to announce that it has been approved to trade on the OTCQX® Best Market (“OTCQX”) in the United States of America (“United States” or “U.S.”). Trading on OTCQX will commence at the market open today under the ticker symbol COTGF. The Company’s ordinary shares will continue to trade on the AIM market of the London Stock Exchange.
Through trading on OTCQX, the Company believes it will be better able to engage with U.S. investors, data distributors and media partners, ensuring that they have access to the same level of information and disclosure available to investors in the United Kingdom, but through U.S.-facing platforms and portals. In addition, the OTCQX trading facility will provide the Company’s U.S. based employees and other investors with the ability to trade the Company’s ordinary shares in U.S. dollars during U.S. market hours.
No new ordinary shares will be issued as part of the commencement of trading on OTCQX.
Miles Adcock, CEO of Concurrent Technologies, commented: “We believe that having Concurrent’s shares trade on both the AIM and OTCQX markets will enhance visibility of the business and expand our global reach. This decision follows an already increased level of interest from U.S. investors, driven by the excellent progress the Company is making across the Systems unit in the U.S.”
Enquiries:
| Concurrent Technologies Plc Miles Adcock – CEOKim Garrod – CFO | +44 (0)1206 752626 |
| Alma Strategic Communications Hannah CampbellJosh RoystonWill Merison | +44 (0)20 3405 0205 |
| Cavendish Capital Markets Limited (NOMAD) Neil McDonaldPeter Lynch | +44 (0)131 220 9771+44 (0)131 220 9772 |