For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220908:nRSH6912Ya&default-theme=true
RNS Number : 6912Y Cohort PLC 08 September 2022
One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
8 September 2022
COHORT PLC
("Cohort" or "the Group")
Director Shareholdings
Grant of Long-Term Incentive Plan awards
The Company announces that on 5 September 2022 the following awards over
ordinary shares of 10 pence each in the Company ("Shares") were granted under
the Cohort plc Executive Long Term Incentive Plan ("LTIP") to the following
directors and persons discharging managerial responsibilities:
Director / PDMR Position No. of Shares under award
Andrew Thomis Chief Executive Officer 45,608
Simon Walther Finance Director 35,634
The awards have been granted in the form of nil-cost options and will not
normally become exercisable before 5 September 2025. Awards may become
exercisable on that date, in whole or in part, dependent on performance
against organic growth and total growth targets, equally weighted, measured
over a three-year period.
Awards granted to Executive Directors are additionally subject to a two-year
holding period following the vesting date.
Contact information
The information set out below is provided in accordance with the requirements
of Article 19 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 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 Award of share options under the Cohort plc Executive Long Term Incentive Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s) 45,608 Shares at nil pence per share
f) Aggregated Information N/A
- Price
- Volume
- Total
g) Date of transaction 5 September 2022
h) Place of transaction Outside of 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 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 Award of share options under the Cohort plc Executive Long Term Incentive Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s) 35,634 Shares at nil pence per share
f) Aggregated Information N/A
- Price
- Volume
- Total
g) Date of transaction 5 September 2022
h) Place of transaction Outside of a trading venue
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, Pete Lambie, Ollie Hoare 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.
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHDBGDCLDGDGDR