REG - Cohort PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CHRT.L</Origin>

CohortAnnouncement

07/04/2015 07:12

RNS Number : 3910J
Cohort PLC
07 April 2015
7 April 2015
COHORT PLC (the "Company")
Director/PDMR Shareholdings
Cohort, the independent technology group, today announces the following director share transactions.
Andrew Thomis, Chief Executive
The Company has been informed that Mr and Mrs Thomis each intend to sell sufficient Ordinary Shares to use up the 2015/16 Capital Gains Tax allowance of 11,100, and to transfer up to a maximum of 15,240 of the proceeds to an ISA. Mr Thomis also intends to transfer some Ordinary Shares to Mrs Thomis. Mr and Mrs Thomis will then re-acquire a similar number of Ordinary Shares in their respective ISAs and in Mr Thomis' SIPP. The transactions will take place between 6 and 30 April 2015, and the actual number of Ordinary Shares involved will depend on the price at the time of each above event and related transaction costs. Following these transactions, Mr Thomis' interest and that of his connected persons in Ordinary Shares will be the same or fractionally lower than his current level of 86,038, representing 0.21% of the total issued share capital of Cohort.
Simon Walther, Finance Director
The Company has been informed that Mr and Mrs Walther each intend to sell Ordinary Shares to the value of approximately 14,500 then re-acquire a similar number of Ordinary Shares in an ISA. The transactions will take place between 9 and 30 April 2015, and the actual number of Ordinary Shares involved will depend on the price at the time of each above event and related transaction costs. Following these transactions, Mr Walther's interest and that of his connected persons in Ordinary Shares will be the same or fractionally lower than his current level of 79,183, representing 0.19% of the total issued share capital of Cohort.
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For further information please contact:
Cohort plc
0118 909 0390
Andy Thomis, Chief Executive
Simon Walther, Finance Director
Investec Bank plc
020 7597 5970
Keith Anderson / Daniel Adams
MHP Communications Limited
020 3128 8100
Reg Hoare / Vicky Watkins / Ollie Hoare
NOTES TO EDITORS
Cohort plc
Cohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through four market-facing subsidiary companies:
MASS - a specialist systems house with considerable experience in the defence market and a focus on electronic warfare operational support and secure information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;
MCL - an expert in sourcing, design and integration of electronic and surveillance technology, as well as field support and training for a range of specialist UK end users including the MOD and other governmental agencies. Based in Surrey, MCL has been part of the Group since July 2014;
SCS - a defence technical advisory business, combining technical expertise with practical experience and domain knowledge. Owned by Cohort since flotation in March 2006;
SEA - an advanced surveillance systems and software house with hardware development capability operating in the defence, transport and offshore energy market sectors. Acquired by Cohort in October 2007.
Cohort was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Berkshire and employs in total around 600 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Devon, Lincolnshire, Somerset, Surrey and Scotland.

This information is provided by RNS
The company news service from the London Stock Exchange
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