Director/PDMR Shareholding

RNS Number : 0184R

Cohort PLC

24 October 2019

 

24 October 2019

COHORT PLC (the "Company")

Director Shareholdings

Cohort plc (the "Company") wishes to notify the market of the following director share transactions in Ordinary Shares of 10 pence each in the Company ("Ordinary Shares").

Simon Walther, Finance Director

The Company was notified by Simon Walther on the 23 October 2019 that he has transferred 1,286 Ordinary Shares in the Company from his personal holding to his ISA and 1 Ordinary Share in the Company from his personal holding to his individual nominee account. These shares were previously held in certificated form and were originally granted as options on the 29 August 2016 under a three-year term which matured on the 1 October 2019 under the Cohort plc Savings Related Share Option Scheme.

No change to the number of Ordinary Shares beneficially held by Simon Walther has occurred in connection with the above transactions. The interests of Simon Walther and that of his persons closely associated in Ordinary Shares remained at 168,634, representing 0.41% of the total issued share capital of the Company.

This announcement is made in accordance with Article 19 of the Market Abuse Regulation.

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	Transfer of shares into an ISA
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	1,286 Ordinary Shares at 355.00 pence
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	23 October 2019
h)	Place of transaction	London Stock Exchange (AIM)

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	Transfer of shares into an individual nominee account
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	1 Ordinary Share at 355.00 pence
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	23 October 2019
h)	Place of transaction	London Stock Exchange (AIM)

Ends

For further information, please contact:

Cohort plc		0118 909 0390
Andrew Thomis, Chief Executive Simon Walther, Finance Director
Investec Bank plc		020 7597 5970
Daniel Adams / Chris Baird
MHP Communications Limited		020 3128 8100
Reg Hoare / Ollie Hoare / Alice McLaren

NOTES TO EDITORS

Cohort plc (www.cohortplc.com) is the parent company of five innovative, agile and responsive businesses based in the UK 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 systems and technologies for detecting, tracking, classifying and disrupting naval, land and air threats. It was acquired by Cohort plc in December 2018. www.chess-dynamics.com & www.vision4ce.com

EID designs and manufactures advanced communications systems for the defence and security markets. Cohort acquired a majority stake in June 2016.  www.eid.pt

MASS is a specialist defence and technology business, focused on electronic warfare, information systems and cyber security. Acquired by Cohort in August 2006. www.mass.co.uk

MCL - an expert in sourcing, design and integration of communications and surveillance technology, as well as support and training 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 is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets. 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 its headquarters in Reading, Berkshire and employs in total around 950 core staff there and at its other operating company sites across the UK and in Portugal.

 

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