27 December 2013

Concurrent Technologies Plc

Pre Close Trading Update

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, transportation, telecommunications, scientific and industrial markets, announces a trading update for the year ending 31 December 2013.

The UK Government continues to review the requirements for the Company’s export* licences and is hopeful that it will be able to provide a more acceptable procedure in the New Year.

The Company anticipates that results for the full year 2013 will be broadly in line with market expectations.

Concurrent Technologies Plc also expects to continue the practice of paying a second interim dividend to shareholders and to pay this before 6 April 2014. In this event, there will be no final dividend in respect of 2013.

Enquiries:

 

Concurrent Technologies Plc
Glen Fawcett, Managing Director

 

+44 (0)1206 752 626

 

 

Newgate Threadneedle (Financial PR)
Caroline Evans-Jones

Robyn McConnachie


+44 (0)207 653 9850

 

Cenkos Securities plc (NOMAD)
Neil McDonald

Beth McKiernan


+44 (0)131 220 9771
+44 (0)131 220 9778

 

 

 

* For some of its products the Company has to apply and be granted export licences before it can export the products to all countries except Australia, Canada, Japan, New Zealand, Norway, Switzerland, United States of America and all EU countries.

 

For more information on Concurrent Technologies Plc and its products please visit www.gocct.com