REG - Cohort PLC - Director Share Awards and Shareholdings

CohortAnnouncement

10/08/2021 17:05

RNS Number : 2100I
  
Cohort PLC
  
10 August 2021
  
 

10 August 2021                                                                                                                                                   AIM: CHRT
COHORT PLC (the "Company")
Director Share Awards and Shareholdings
Cohort plc wishes to notify the following changes in the interests of directors of the Company in ordinary shares of 10 pence in relation to share awards and share options.
 
Grant and Transfer of Share Awards
On 9 August 2021 share awards pursuant to the 2013 Restricted Share Scheme established on 30 July 2013 (the "Restricted Share Scheme") were granted to the executive directors of the Company for nil consideration. Also on 9 August 2021, shares that had vested from previous awards in accordance with the rules of the Restricted Share Scheme were transferred to the executive directors of the Company (the "Transfers"). The following table sets out the details of the grant and Transfers:
 



Director


Number of shares

under this award


Number of shares vested under this award


Number of shares vested from previous awards


Total number of shares vested and transferred on 9 August


Total number of unvested shares under the Restricted Share Scheme following Grant and Transfers




AS Thomis


11,024


2,756


13,206


15,962


20,470




SR Walther


8,624


2,156


10,333


12,489


16,015



 
Full beneficial ownership of unvested restricted shares (including voting and dividend rights) will transfer to the recipients in stages over a three-year period from the date of grant. Recipients may only sell Restricted Shares 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 2020.
 
Director Shareholdings
Following completion of the transactions detailed above on 9 August 2021, 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


206,964


0.50




SR Walther


202,850


0.49



*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)


15,962 Ordinary Shares at 0.00 pence




f)


Aggregated Information
-       Price
-       Volume
-       Total 


N/A




g)


Date of transaction


9 August 2021




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


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 shares under the Cohort plc 2013 Restricted Share Scheme 




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


11,024 Ordinary Shares at 0.00 pence




f)


Aggregated Information
-       Price
-       Volume
-       Total 


N/A




g)


Date of transaction


9 August 2021




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)


12,489 Ordinary Shares at 0.00 pence




f)


Aggregated Information
-       Price
-       Volume
-       Total 


N/A




g)


Date of transaction


9 August 2021




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


Award of shares under the Cohort plc 2013 Restricted Share Scheme 




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


8,624 Ordinary Shares at 0.00 pence




f)


Aggregated Information
-       Price
-       Volume
-       Total 


N/A




g)


Date of transaction


9 August 2021




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












Investec Bank plc






020 7597 5970




Daniel Adams / Christopher Baird












MHP Communications






020 3128 8100




Reg Hoare / Pete Lambie / Alex Janiaud











 
NOTES TO EDITORS 
Cohort plc (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 & www.vision4ce.com
 
EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016.  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 
 
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



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



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



Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has headquarters in Reading, Berkshire and employs in total around 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 or visit 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.
 
  END
 
 
DSHEASPEFSLFEFA