REG - Cohort PLC - Director Share Awards and Shareholdings
12/08/2022 10:15
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220812:nRSL8668Va&default-theme=true
RNS Number : 8668V Cohort PLC 12 August 2022
One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
12 August 2022
COHORT PLC
("Cohort" or "the Group")
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 ("Ordinary Shares") in
relation to share awards and share options.
Grant and Transfer of Share Awards
On 11 August 2022 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 11
August 2022, Ordinary Shares that vested from this award 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 Ordinary Shares granted Number of Ordinary Shares vested under this award Total number of unvested Ordinary Shares under the Restricted Share Scheme
following Grant and Transfers
on 11 August 2022 on 11 August 2022
under this award
AS Thomis 2,790 698 11,296
SR Walther 2,180 545 8,836
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 2021.
Director Shareholdings
Following completion of the transactions detailed above on 11 August 2022, 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 226,117 0.55
SR Walther 214,897 0.52
*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 2022
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) 2,790 Ordinary Shares at 0.00 pence
f) Aggregated Information N/A
- Price
- Volume
- Total
g) Date of transaction 11 August 2022
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) 545 Ordinary Shares at 0.00 pence
f) Aggregated Information N/A
- Price
- Volume
- Total
g) Date of transaction 11 August 2022
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) 2,180 Ordinary Shares at 0.00 pence
f) Aggregated Information N/A
- Price
- Volume
- Total
g) Date of transaction 11 August 2022
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
Daniel Adams, Christopher Baird
MHP Communications 020 3128 8570
Reg Hoare, Ollie Hoare, Pete Lambie 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 DSHEANPAFEDAEEARecent news on Cohort
See all newsREG - Cohort PLC - Director/PDMR Shareholding
AnnouncementREG - AIM - AIM Notice - 02/05/2024
AnnouncementREG - Cohort PLC - Director/PDMR Shareholding
AnnouncementREG - Cohort PLC - Total Voting Rights
AnnouncementREG - Cohort PLC - Site visit to SEA
Announcement