Director/PDMR Shareholding

Cohort PLC

02 May 2023

 

One Waterside Drive Arlington Business Park Reading Berks RG7 4SW           2 May 2023

COHORT PLC

("Cohort" or "the Group")

Director Shareholdings

The Company announces that it was notified on 28 April 2023 that:

a)    in order to effect a "Bed and ISA" transaction, on 28 April 2023, Andrew Thomis, a person discharging managerial responsibility (PDMR) sold 4,598 Shares at a price of 435 pence per share from his nominee account and then repurchased, into his Individual Savings Account (ISA), 4,590 Shares at a price of 435.66 pence per share.

b)    in order to effect a "Bed and ISA" transaction, on 28 April 2023, Yasmin Thomis, a PCA of Andrew Thomis, sold 4,598 shares at a price of 435 pence per share from her nominee account and then repurchased into her ISA, 4,589 shares at a price of 436.66 pence per Share.

c)     in order to effect a "Bed and ISA" transaction, on 28 April 2023, Simon Walther, a person discharging managerial responsibility (PDMR) sold 4,643 Shares at a price of 431 pence per share from his nominee account and then repurchased, into his Individual Savings Account (ISA), 4,636 Shares at a price of 431.37 pence per share.

d)    in order to effect a "Bed and ISA" transaction, on 28 April 2023, Phillippa Walther-Caine, a PCA of Simon Walther, sold 4,642 shares at a price of 431 pence per share from her nominee account and then repurchased into her ISA, 4,636 shares at a price of 431.37 pence per Share.

As a result of the above transactions, the beneficial interest in Shares in the Company of Andrew Thomis, Simon Walther and their PCAs is presented in the table below.

Name	Number of Shares held	% of the total issued share capital of the Company
Andrew Thomis	233,350	0.56
Simon Walther	218,745	0.53

The information set out below is provided in accordance with the requirements of 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	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	Sale of Shares from nominee share account and re-purchase of shares by an ISA account
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Sale of 4,598 Shares at 435 pence per share and repurchase of 4,590 Shares at 435.66 pence per share
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	28 April 2023
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	Yasmin Thomis
2	Reason for the notification
a)	Position/status	PCA of Andrew Thomis
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	Sale of Shares from nominee share account and re-purchase of shares by an ISA account
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Sale of 4,598 Shares at 435 pence per share and repurchase of 4,589 Shares at 435.66 pence per share
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	28 April 2023
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	Sale of Shares from nominee share account and re-purchase of shares by an ISA account
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Sale of 4,643 Shares at 431 pence per share and repurchase of 3,454 Shares at 431.37 pence per share
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	28 April 2023
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	Phillippa Walther-Caine
2	Reason for the notification
a)	Position/status	PCA of Simon Walther
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	Sale of Shares from nominee share account and re-purchase of shares by an ISA account
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Sale of 4,642 Shares at 431 pence per share and repurchase of 3,454 Shares at 431.37 pence per share
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	28 April 2023
h)	Place of transaction	London Stock Exchange AIM

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
Carlton Nelson, Christopher Baird
MHP	020 3128 8276
Reg Hoare, Ollie Hoare, Hugo Harris	[e-mail]

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 Dynamics offers surveillance, tracking and fire-control systems to the defence and security markets. Chess has been part of the Group since December 2018. 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

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 over 1,000 core staff there and at its other operating company sites across the UK, Germany and Portugal.

 

END