15 October 2021 AIM: CHRT
COHORT PLC
(the "Company")
Director Shareholdings
The Company was notified on 8 October 2021 that, following the annual accumulation period which ended 31 August 2021, ordinary shares of 10 pence each in the Company ("Shares") were purchased under the Cohort plc Share Incentive Plan ("SIP") on 8 October 2021. The Employee Benefit Trust was used to satisfy the sale of the shares which are now to be held beneficially in trust by Link Market Services Trustees Limited on behalf of Andrew Thomis, Chief Executive, and Simon Walther, Finance Director:
| Director | Number of Shares Purchased | SIP Purchase Price (pence)
|
| Andrew Thomis | 330 | 546.0 |
| Simon Walther | 330 | 546.0 |
The SIP purchase price is based on the lower of the share price at the beginning of the accumulation period (1 September 2020), being 608.0 pence, and the share price at the end of the accumulation period (31 August 2021), being 546.0 pence.
Director Shareholdings
Following completion of the transactions detailed above, the interests of Andrew Thomis and Simon Walther and their connected persons in the shares of Cohort plc are as follows:
| Director | Ordinary shares | % of the total issued share capital |
| Andrew Thomis | 210,144 | 0.51 |
| Simon Walther | 204,899 | 0.50 |
| 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 | Purchase of shares to be held in Trust beneficially on behalf of Andrew Thomis under the Cohort plc Share Incentive Plan |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 330 Ordinary Shares at 546.0 pence |
| f) | Aggregated Information - Price - Volume - Total | N/A |
| g) | Date of transaction | 8 October 2021 |
| h) | Place of transaction | Outside a trading venue |
| 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 | Purchase of shares to be held in Trust beneficially on behalf of Simon Walther under the Cohort plc Share Incentive Plan |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 330 Ordinary Shares at 546.0 pence |
| f) | Aggregated Information - Price - Volume - Total | N/A |
| g) | Date of transaction | 8 October 2021 |
| h) | Place of transaction | Outside a trading venue |
Ends
For further information, please contact:
| Cohort plc | | 0118 909 0390 |
| Andrew Thomis, Chief Executive | | |
|
| | |
| 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
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