CNC Concurrent Technologies Plc

TIDMCNC

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

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