REG - Cohort PLC - Director/PDMR Shareholding

CohortAnnouncement

10/08/2022 15:00

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RNS Number : 6060V  Cohort PLC  10 August 2022

 One Waterside Drive

 Arlington Business Park

 Reading

 Berks

 RG7 4SW

 10 August 2022

 

COHORT PLC

("Cohort" or "the Group")

 

Director Shareholdings

Cohort plc wishes to notify the following changes in the interests of
directors of the Company in ordinary shares of 10 pence ("Ordinary Shares") in
relation to share awards and share options.

 

Transfer of Share Awards

On 7 and 9 August 2022, Ordinary Shares that had vested from awards in
accordance with the rules of the 2013 Restricted Share Scheme established on
30 July 2013 (the "Restricted Share Scheme") were transferred to the executive
directors of the Company (the "Transfers"). The following table sets out the
details of the Transfers:

 

 Director    Total number of Ordinary Shares vested on 7 August  Total number of Ordinary Shares vested on 9 August  Total number of unvested Ordinary Shares under the Restricted Share Scheme
                                                                                                                     following Grant and Transfers
 AS Thomis   3,693                                               7,573                                               9,204
 SR Walther  2,889                                               5,925                                               7,201

 

Full ownership of Ordinary Shares awarded under the Restricted Share Scheme
(including voting and dividend rights) transfers to the recipients in four
stages; 25% on award and a further 25% on the first, second and third
anniversaries of the award. Recipients may only sell shares awarded under the
Restricted Share Scheme with the approval of the Chairman of the Remuneration
Committee while they remain in employment with the Company. Further details
regarding the Restricted Share Scheme can be found in the Company's Annual
Report and Accounts 2021.

 

Director Shareholdings

Following completion of the transactions detailed above, the interests of Mr
Thomis and Mr Walther and their connected persons in the shares of Cohort plc
will be as follows:

 

 Director    Ordinary Shares*  % of the total issued share capital
 AS Thomis   225,419           0.55
 SR Walther  214,352           0.52

*Not including unvested shares under the Restricted Share Scheme

 

 

 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                                    Vesting of shares under the Cohort plc 2013 Restricted Share Scheme and
                                                                  transfer to a nominee account in the name of Andrew Thomis
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)                                       11,266 Ordinary Shares at 0.00 pence
 f)  Aggregated Information                                       N/A

     -       Price

     -       Volume

     -       Total
 g)  Date of transaction                                          7 and 9 August 2022
 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                                    Vesting of shares under the Cohort plc 2013 Restricted Share Scheme and
                                                                  transfer to a share certificate in the name of Simon Walther
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)                                       8,814 Ordinary Shares at 0.00 pence
 f)  Aggregated Information                                       N/A

     -       Price

     -       Volume

     -       Total
 g)  Date of transaction                                          7 and 9 August 2022
 h)  Place of transaction                                         Outside of a Main Market

 

 

Ends

 

 

For further information please contact:

 Cohort plc                            0118 909 0390
 Andy Thomis, Chief Executive
 Simon Walther, Finance Director

 Raquel McGrath, Company Secretary

 Investec Bank Plc (NOMAD and Broker)  020 7597 5970
 Daniel Adams, Christopher Baird

 MHP Communications                    020 3128 8570
 Reg Hoare, Ollie Hoare, Pete Lambie   cohort@mhpc.com

 

 

NOTES TO EDITORS

 

Cohort plc (www.cohortplc.com (http://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 (http://www.chess-dynamics.com/)

 

EID designs and manufactures advanced communications systems for naval and
military customers. Cohort acquired a majority stake in June
2016.  www.eid.pt (http://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 (http://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 (http://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
(http://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
(http://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
over 1,000 core staff there and at its other operating company sites across
the UK, Germany and Portugal.

 

 

 

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