CHRT Cohort Plc

TIDMCHRT

RNS Number : 2928P

Cohort PLC

15 October 2021

15 October 2021 AIM: CHRT

COHORT PLC

(the "Company")

Director Shareholdings

The Company was notified on 8 October 2021 that, following the annual accumulation period which ended 31 August 2021, ordinary shares of 10 pence each in the Company ("Shares") were purchased under the Cohort plc Share Incentive Plan ("SIP") on 8 October 2021. The Employee Benefit Trust was used to satisfy the sale of the shares which are now to be held beneficially in trust by Link Market Services Trustees Limited on behalf of Andrew Thomis, Chief Executive, and Simon Walther, Finance Director:

 
    Director      Number of Shares   SIP Purchase Price (pence) 
                      Purchased 
 Andrew Thomis          330                    546.0 
                 -----------------  --------------------------- 
 Simon Walther          330                    546.0 
                 -----------------  --------------------------- 
 

The SIP purchase price is based on the lower of the share price at the beginning of the accumulation period (1 September 2020), being 608.0 pence, and the share price at the end of the accumulation period (31 August 2021), being 546.0 pence.

Director Shareholdings

Following completion of the transactions detailed above, the interests of Andrew Thomis and Simon Walther and their connected persons in the shares of Cohort plc are as follows:

 
    Director      Ordinary shares      % of the total 
                                     issued share capital 
 Andrew Thomis        210,144               0.51 
                 ----------------  ---------------------- 
 Simon Walther        204,899               0.50 
                 ----------------  ---------------------- 
 
 
 NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL 
  RESPONSIBILITIES 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
     ------------------------------------------------------------------- 
 a)   Name                              Andrew Thomis 
     --------------------------------  --------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                   Chief Executive 
     --------------------------------  --------------------------------- 
 b)   Initial notification/amendment    Initial notification 
     --------------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Full name of the entity           Cohort plc 
     --------------------------------  --------------------------------- 
 b)   Legal Entity Identifier Code      213800WE61C73LZZNW11 
     --------------------------------  --------------------------------- 
 4    Details of the transaction(s) 
     ------------------------------------------------------------------- 
 a)   Description of the financial      Ordinary shares in Cohort plc 
       instrument, type of instrument    with a nominal value of 10 
                                         pence each 
     --------------------------------  --------------------------------- 
 b)   Identification Code               GB00B0YD2B94 
     --------------------------------  --------------------------------- 
 c)   Nature of the transaction         Purchase of shares to be held 
                                         in Trust beneficially on behalf 
                                         of Andrew Thomis under the 
                                         Cohort plc Share Incentive 
                                         Plan 
     --------------------------------  --------------------------------- 
 d)   Currency                          GBP - British Pound 
     --------------------------------  --------------------------------- 
 e)   Price(s) and Volume(s)            330 Ordinary Shares at 546.0 
                                         pence 
     --------------------------------  --------------------------------- 
 f)   Aggregated Information            N/A 
        *    Price 
 
 
        *    Volume 
 
 
        *    Total 
     --------------------------------  --------------------------------- 
 g)   Date of transaction               8 October 2021 
     --------------------------------  --------------------------------- 
 h)   Place of transaction              Outside a trading venue 
     --------------------------------  --------------------------------- 
 
 
 NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL 
  RESPONSIBILITIES 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
     ------------------------------------------------------------------- 
 a)   Name                              Simon Walther 
     --------------------------------  --------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                   Finance Director 
     --------------------------------  --------------------------------- 
 b)   Initial notification/amendment    Initial notification 
     --------------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Full name of the entity           Cohort plc 
     --------------------------------  --------------------------------- 
 b)   Legal Entity Identifier Code      213800WE61C73LZZNW11 
     --------------------------------  --------------------------------- 
 4    Details of the transaction(s) 
     ------------------------------------------------------------------- 
 a)   Description of the financial      Ordinary shares in Cohort plc 
       instrument, type of instrument    with a nominal value of 10 
                                         pence each 
     --------------------------------  --------------------------------- 
 b)   Identification Code               GB00B0YD2B94 
     --------------------------------  --------------------------------- 
 c)   Nature of the transaction         Purchase of shares to be held 
                                         in Trust beneficially on behalf 
                                         of Simon Walther under the 
                                         Cohort plc Share Incentive 
                                         Plan 
     --------------------------------  --------------------------------- 
 d)   Currency                          GBP - British Pound 
     --------------------------------  --------------------------------- 
 e)   Price(s) and Volume(s)            330 Ordinary Shares at 546.0 
                                         pence 
     --------------------------------  --------------------------------- 
 f)   Aggregated Information            N/A 
        *    Price 
 
 
        *    Volume 
 
 
        *    Total 
     --------------------------------  --------------------------------- 
 g)   Date of transaction               8 October 2021 
     --------------------------------  --------------------------------- 
 h)   Place of transaction              Outside a trading venue 
     --------------------------------  --------------------------------- 
 

Ends

For further information, please contact:

 
Cohort plc                    0118 909 0390 
Andrew Thomis, Chief 
 Executive 
 Simon Walther, Finance 
 Director 
 Raquel McGrath, Company 
 Secretary 
 
Investec Bank plc             020 7597 5970 
Daniel Adams / Christopher 
 Baird 
 
MHP Communications            020 3128 8100 
Reg Hoare / Pete Lambie 
 / Alex Janiaud 
 

NOTES TO EDITORS

Cohort plc ( www.cohortplc.com ) is the parent company of six innovative, agile and responsive businesses based in the UK, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers surveillance, tracking and fire-control systems to the defence and security markets. A majority stake was acquired by Cohort plc in December 2018. www.chess-dynamics.com & www.vision4ce.com

EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a

majority stake in June 2016.   www.eid.pt 

ELAC SONAR supplies advanced sonar systems and underwater communications to global customers in the naval marketplace. Acquired by Cohort in December 2020. www.elac-sonar.de

MASS is a specialist data technology company serving the defence and security markets, focused on electronic warfare, digital services and training support. Acquired by Cohort in August 2006. www.mass.co.uk

MCL designs, sources and supports advanced electronic and surveillance technology for UK end users including the MOD and other government agencies. MCL has been part of the Group since July 2014. www.marlboroughcomms.com

SEA delivers and supports technology-based products for the defence and transport markets alongside specialist research and training services. Acquired by Cohort in October 2007. www.sea.co.uk

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October 15, 2021 12:00 ET (16:00 GMT)