Director/PDMR Shareholding

RNS Number : 5448U

Cohort PLC

06 April 2021

 

One Waterside Drive Arlington Business Park Reading Berks RG7 4SW 6 April 2021

COHORT PLC

(Cohort or the Company)

Director Shareholdings

The Company announces that it was today notified that on 1 April 2021, Stanley Carter, Non-executive Director of the Company, transferred 1,952 ordinary shares of 10 pence each in the Company ( Shares ) to his children at a price of 614 pence per Share.

As a result of the above transaction, the beneficial interest in Shares of Stanley and his PCAs is 9,102,952 representing 22.19% of the total issued share capital of the Company.

The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stanley Carter
2	Reason for the notification
a)	Position/status	Non-executive 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 to children
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	1,952 Shares at 614 pence per Share
f)	Aggregated Information -  Price -  Volume -  Total	N/A
g)	Date of transaction	1 April 2021
h)	Place of transaction	London Stock Exchange AIM 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 / Isabella Grace

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. It 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.

 

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