Director/PDMR Shareholding

Cohort PLC

21 October 2024

 

One Waterside Drive Arlington Business Park Reading Berks RG7 4SW 21 October 2024

COHORT PLC

("Cohort", "the Company" or "the Group")

PDMR - Purchase of SIP Shares

The Company was notified on 18 October 2024 that, following the annual accumulation period which ended on 30 September 2024, and in accordance with the rules of the Cohort plc Share Incentive Plan (SIP), ordinary shares of 10 pence each in the Company were purchased by the SIP Trustees, on 15 October 2024 to be held in Trust beneficially on behalf of Andrew Thomis, Chief Executive, and Simon Walther, Finance Director:

Director	Number of Shares Purchased	SIP Purchase Price (pence)
Andrew Thomis	365	492p
Simon Walther	365	492p

The SIP purchase price is based on the lower of the share price at the beginning of the accumulation period (1 October 2023), being 492 pence, and the closing share price on the day before the acquisition date, being 888 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	263,287	0.63%
Simon Walther	237,712	0.57%

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)	365 Ordinary Shares at 492 pence
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	15 October 2024
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 and Company Secretary
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)	365 Ordinary Shares at 492 pence
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	15 October 2024
h)	Place of transaction	Outside of a Main Market

ENDS

For further information please contact:

Cohort plc	0118 909 0390
Andrew Thomis, Chief Executive
Simon Walther, Finance Director
Kellie Young, (Interim) Group Head of Marketing and Corporate Communications
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.

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 1,300 core staff there and at its other operating company sites across the UK, Germany, and Portugal.

The group is split into two segments - Communications and Intelligence, and Sensors and Effectors:

Communications and Intelligence

·      EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016.  www.eid.pt

·      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

Sensors and Effectors

·      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

·      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 

·      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

 

END