REG - Cohort PLC - Director/PDMR Shareholding

CohortAnnouncement

01/09/2020 17:45

RNS Number : 7334X
  
Cohort PLC
  
01 September 2020
  
 

 1 September 2020                                                                                                                                             AIM: CHRT
COHORT PLC (the Company)
 
The Company wishes to notify the following changes in the interests of directors of the Company in ordinary shares of 10 pence in the Company (Shares) in relation to Share awards and Share options.
 
Grant of Share Options
 
On 28 August 2020 Share options pursuant to the Cohort plc 2016 Company Share Option Plan were granted to directors of the Company as follows:
 




Director


Number of shares under this option


Exercise Price

(pence)




Andrew Thomis, Chief Executive 


8,411 


620




Simon Walther, Finance Director 


6,581


620




 
Exercise of Share Options
 
The Company announces that Simon Walther exercised 7,660 options under the Company Share Option Plan with an exercise price of 376 pence per Share. 4,664 Shares were immediately sold at a price of 620 pence per Share to pay the exercise price and 2,996 Shares were retained. The transaction took place on 27 August 2020.
 
Director Shareholdings
 
Following completion of the transactions detailed above, the interests of Andrew Thomis and Simon Walther and their persons closely associated in the Company are as follows:
 




Director


Ordinary Shares


% of the total issued share capital




Andrew Thomis


186,469


0.46




Simon Walther


188,379


0.46




 
 
 
This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.
 




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 instrument, type of instrument


Ordinary shares in Cohort plc with a nominal value of 10 pence each 




b)


Identification Code


GB00B0YD2B94




c)


Nature of the transaction


Exercise of options under the Company Share Option Plan and sale of shares to cover the exercise price.




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


7,660 CSOP options exercised with an exercise price of 376 pence per share:
-       4,664 shares sold at 620 pence per share.
-       2,996 shares transferred to share certificate.




f)


Aggregated Information
-       Price
-       Volume
-       Total 


N/A




g)


Date of transaction


27 August 2020




h)


Place of transaction


London Stock Exchange




 
 




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 instrument, type of instrument


Ordinary Shares in Cohort plc with a nominal value of 10 pence each 




b)


Identification Code


GB00B0YD2B94




c)


Nature of the transaction


Grant of share options under the Cohort plc 2016 Company Share Option Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


8,411 share options at 620 pence




f)


Aggregated Information
-       Price
-       Volume
-       Total 


N/A




g)


Date of transaction


28 August 2020




h)


Place of transaction


Outside of a Main Market




 
 




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 instrument, type of instrument


Ordinary Shares in Cohort plc with a nominal value of 10 pence each 




b)


Identification Code


GB00B0YD2B94




c)


Nature of the transaction


Grant of share options under the Cohort plc 2016 Company Share Option Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


6,581 share options at 620 pence




f)


Aggregated Information
-       Price
-       Volume
-       Total 


N/A




g)


Date of transaction


28 August 2020




h)


Place of transaction


Outside of a Main Market




 
 
Ends
For further information, please contact:




Cohort plc


 


0118 909 0390




Andrew Thomis, Chief Executive

Simon Walther, Finance Director


 


 




 


 


 




Investec Bank plc


 


020 7597 5970




Daniel Adams / Chris Baird


 


 




 


 


 




MHP Communications Limited


 


020 3128 8100




Reg Hoare / Pete Lambie


 


 




 
NOTES TO EDITORS
Cohort plc (www.cohortplc.com) is the parent company of five innovative, agile and responsive businesses based in the UK 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, supplies surveillance, tracking and gunfire control systems for the defence and security markets. It was acquired by Cohort plc in December 2018. www.chess-dynamics.com & www.vision4ce.com 
EID designs and manufactures advanced communications systems for the defence and security markets. Cohort acquired a majority stake in June 2016.  www.eid.pt
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 products and services into the defence, transport and offshore energy markets alongside performing specialist research, training and product support. Acquired by Cohort in October 2007. www.sea.co.uk
Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has headquarters in Reading, Berkshire and employs in total around 900 core staff there and at its other operating company sites across the UK and in Portugal.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHBLGDCUXGDGGB