REG - Cohort PLC - Director/PDMR Shareholding

CohortAnnouncement

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RNS Number : 5909V  Cohort PLC  15 August 2025

 One Waterside Drive

 Arlington Business Park

 Reading

 Berks

 RG7 4SW

 15 August 2025

COHORT PLC

("Cohort" or "the Company")

 

Director Shareholdings

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

 

Transfer of Share Awards

On 14 August 2025, Ordinary Shares that had vested on 28 July and 11 August
2025 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 Simon Walther, an executive director of the Company (the
"Transfers"). The following table sets out the details of the Transfers:

 

 Director    Total number of Ordinary Shares vested on 28 July  Total number of Ordinary Shares vested on 11 August  Total number of unvested Ordinary Shares under the Restricted Share Scheme
                                                                                                                     following Transfers
 SR Walther  1,707                                              545                                                  1,707

 

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
Walther and his connected persons in the Ordinary Shares are as follows:

 

 Director    Ordinary Shares*  % of the total issued share capital
 SR Walther  130,513           0.28

*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                                                         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                                    Vested shares under the Cohort plc 2013 Restricted Share Scheme being
                                                                  transferred to a nominee account in the name of Simon Walther
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)                                       2,252 Ordinary Shares at 0.00 pence
 f)  Aggregated Information                                       N/A

     -       Price

     -       Volume

     -       Total
 g)  Date of transaction                                          14 August 2025
 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
 Raquel McGrath, Company Secretary and General Counsel

 Investec Bank Plc (Financial Adviser, Nominated Adviser, and Corporate Broker)  020 7597 5970
 Christopher Baird, Carlton Nelson, Charlotte Young

 MHP                                                                             07817 458804
 Reg Hoare, Ollie Hoare, Hugo Harris                                             Cohort@mhpgroup.com (mailto:Cohort@mhpgroup.com)

 

NOTES TO EDITORS

Cohort plc (www.Cohortplc.com) is the parent company of seven innovative,
agile and responsive businesses based in the UK, Australia, 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 1,500 core staff there and at its other operating company sites across
the UK, Australia, 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

 * EM Solutions designs, assembles, tests, and supports satellite communications
on-the-move terminals for defence and government customers. It also provides
high-end broadband radio transceivers and other RF Subsystems such as low
noise receivers and solid-state high-power transmitters for defence and
commercial customers. Acquired by Cohort in January 2025.
www.emsolutions.com.au (http://www.emsolutions.com.au)
 

 * 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
(https://protect.checkpoint.com/v2/___http:/www.marlboroughcomms.com___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzphYjZmYzUzYmU4MDRhZTQ4NDQwYjI0OGI2MmI1NWZjNTo2OmQ1Yjc6YzFmMzZmMzE5YWY0YzczYzlhNTE2ZTFkZWI1NzVkNTFiYzkwZTA5Y2MwMzgyZjMwOGJhNjVhYjYyNDhkNDVkYzpwOlQ6Tg)

 

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

 * 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

 * SEA delivers and supports technology-based products primarily for naval
defence customers alongside specialist research and training
services. Acquired by Cohort in October 2007.  www.sea.co.uk

 

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