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RNS Number : 7119I Cohort PLC 11 August 2023
One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
11 August 2023
COHORT PLC
("Cohort" or "the Company")
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 11 August 2023, 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 11 August Total number of unvested Ordinary Shares under the Restricted Share Scheme
following Transfers
AS Thomis 698 10,702
SR Walther 545 8,367
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.
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 243,175 0.59
SR Walther 226,041 0.55
*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) 698 Ordinary Shares at 0.00 pence
f) Aggregated Information N/A
- Price
- Volume
- Total
g) Date of transaction 11 August 2023
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 nominee account in the name of Simon Walther
d) Currency GBP - British Pound
e) Price(s) and Volume(s) 545 Ordinary Shares at 0.00 pence
f) Aggregated Information N/A
- Price
- Volume
- Total
g) Date of transaction 11 August 2023
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
Carlton Nelson, Christopher Baird
MHP 020 3128 8276
Reg Hoare, Ollie Hoare, Hugo Harris cohort@mhpgroup.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 Dynamics offers surveillance, tracking and fire-control systems to the
defence and security markets. Chess has been part of the Group since 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
(https://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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