REG - Cohort PLC - Director/PDMR Shareholding

CohortAnnouncement

12/08/2024 16:30

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RNS Number : 1404A  Cohort PLC  12 August 2024

 One Waterside Drive

 Arlington Business Park

 Reading

 Berks

 RG7 4SW

 12 August 2024

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 the vesting of share awards.

 

Transfer of Share Awards

On 11 August 2024, Ordinary Shares that had vested on 9 and 11 August 2024
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 9 August  Total number of Ordinary Shares vested on 11 August  Total number of unvested Ordinary Shares under the Restricted Share Scheme
                                                                                                                      following Transfers
 AS Thomis   2,756                                               698                                                  5,064
 SR Walther  2,156                                               545                                                  3,959

 

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 Ordinary Shares are
as follows:

 

 Director    Ordinary Shares*  % of the total issued share capital
 AS Thomis   261,136**         0.63

 SR Walther  236,122           0.57

*Not including unvested shares under the Restricted Share Scheme

** 210 shares removed from total as a PCA of Mr Thomis fell out of scope in
August 2024

 

 

 

 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)                                       3,454 Ordinary Shares at 0.00 pence
 f)  Aggregated Information                                       N/A

     -       Price

     -       Volume

     -       Total
 g)  Date of transaction                                          11 August 2024
 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)                                       2,701 Ordinary Shares at 0.00 pence
 f)  Aggregated Information                                       N/A

     -       Price

     -       Volume

     -       Total
 g)  Date of transaction                                          11 August 2024
 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
 Emily McBride, Group Head of Marketing and Corporate Communications
 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 (mailto:cohort@mhpgroup.com)

 

 

NOTES TO EDITORS

 

Cohort plc (www.cohortplc.com
(https://protect.checkpoint.com/v2/___http:/www.cohortplc.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpiMzk4ZDQ1ODA4YzIwNGMzMGUzMDQxNjNiYzJmMDZkNDo2OjUxZWY6OGRjNDc3NjViODMxZmQyZWMxMjRkMTExMmRiMzNlYjVjN2I0MGYyMGIwY2MyNmRjZmNmNWIzNDM0NGMzZGQyYTpwOkY6Tg)
) 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.

 

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 1,300 core staff there and at its other operating company sites across
the UK, Germany, and Portugal.

 

The group is split into two segments - Communications and Intelligence, and
Sensors and Effectors:

 

Communications and Intelligence

 

·      EID designs and manufactures advanced communications systems for
naval and military customers. Cohort acquired a majority stake in June
2016.  www.eid.pt
(https://protect.checkpoint.com/v2/___http:/www.eid.pt/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpiMzk4ZDQ1ODA4YzIwNGMzMGUzMDQxNjNiYzJmMDZkNDo2OjczZmQ6NzlkOTRmZjAyYTY0MzlkZTUyODQyMWE2NjExZDIwY2Q0YjQ4OGQ4OTEwYTcxYjZiNzg1OGYyNzE2NWZlZGMzOTpwOkY6Tg)

 

·      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
(https://protect.checkpoint.com/v2/___http:/www.mass.co.uk/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpiMzk4ZDQ1ODA4YzIwNGMzMGUzMDQxNjNiYzJmMDZkNDo2Ojc3ZTc6MGYwYWE5MjE3ODQ1YWI0ODM0YzBhYjVhMWE0MGEwNjViODhlOWFjZTIyY2RlNmI5N2I0NTc4YmFkMTQ2OGU1YTpwOkY6Tg)

 

·      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
(https://protect.checkpoint.com/v2/___http:/www.marlboroughcomms.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpiMzk4ZDQ1ODA4YzIwNGMzMGUzMDQxNjNiYzJmMDZkNDo2OjljM2I6MGUwNTY0ODA3NDZlYTM5OGY0YzNjMzIxYzMwYmExMzhmMmY0YmQ5ZjMyMjM1ZWVhZmI3ZDE5NWIxYzJkNDFiYzpwOkY6Tg)

 

Sensors and Effectors

 

·      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
(https://protect.checkpoint.com/v2/___http:/www.chess-dynamics.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpiMzk4ZDQ1ODA4YzIwNGMzMGUzMDQxNjNiYzJmMDZkNDo2OjZmMjQ6OWI4NGFjOTUzZjhhMGI3YjlkYWY0YWMyOGM2MmVjMzk3ZmI3MDY0MmQ0ZDQ2NzkzMjE1MzY1MWEyZmIyMmI1YjpwOkY6Tg)

 

·      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
(https://protect.checkpoint.com/v2/___http:/www.elac-sonar.de/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpiMzk4ZDQ1ODA4YzIwNGMzMGUzMDQxNjNiYzJmMDZkNDo2OmViMTE6NjgxMjM4YjcwZmNiZmMwMjNkMWVjMjRjZmM2NTVlZmEyNDdhZDE3ZmRlYmRjYjIyODI4M2RiMjE0OTZkZGQ4YjpwOkY6Tg)
 

 

·      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://protect.checkpoint.com/v2/___http:/www.sea.co.uk/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpiMzk4ZDQ1ODA4YzIwNGMzMGUzMDQxNjNiYzJmMDZkNDo2OmE3OTU6YzliNGU0MGVmNTUzODVkYmNiZjJkZTI4NTkwN2Q0MWY3YjY5NjRmNzljNGQzNWVkYWMyZGZkMjE2YmI0NTVmZDpwOkY6Tg)

 

 

 

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