Director Share Options

RNS Number : 8458Z
Cohort PLC
05 September 2018
 

5 September 2018

COHORT PLC (the "Company")

Director Share Options

Cohort plc (the "Company") hereby notifies the market that, on 1 September 2018 share options pursuant to the Cohort plc 2016 Savings Related Share Option Scheme were granted to Mr Andrew Thomis and Mr Simon Walther as follows:

Director

Scheme Type

Number of shares under this option

SAYE Exercise Price (pence)

 

Total number of shares under option following grant

 

 

AS Thomis

SAYE

1,993

390.00

75,626

SR Walther

SAYE

673

390.00

36,129

The SAYE options are made pursuant to three-year savings contracts and the exercise price is based on the share price at close of business on the 9 August 2018 (the date before invitation).

 

Director Participation in Share Incentive Plan

On 1 September 2018, Mr Andrew Thomis and Mr Simon Walther joined the Cohort plc Share Incentive Plan ("SIP"). Under the SIP, Mr Thomis and Mr Walther have each committed to contribute £150 per month from pre-tax pay for a 12-month accumulation period. The total amount saved will be used to purchase Company shares at a price which is the lower of 415.00p and the market price on the final day of the accumulation period.

 

Director Shareholdings

Andrew Thomis, Chief Executive

The Company also notifies the market that, on 3 September 2018, Andrew Thomis notified the Company that he had received 2,300 ordinary shares of 10 pence each from the trustee of the Cohort plc Employee Benefit Trust ("EBT") pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 14 August 2015. 

Following the transaction, Andrew Thomis' interest and that of his persons closely associated in Ordinary Shares is 140,526 shares, representing 0.34% of the total issued share capital of the Company.

 

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 Officer

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

The trustee of the Cohort plc Employee Benefit Trust transferred shares to the PDMR pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 14 August 2015.

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

2,300 shares at 338.00 pence

f)

Aggregated Information

-       Price

-       Volume

-       Total

N/A

g)

Date of transaction

3 September 2018

h)

Place of transaction

London Stock Exchange

 

Simon Walther, Finance Director

The Company also notifies the market that, on 3 September 2018, Simon Walther notified the Company that he had received 468 ordinary shares of 10 pence each from the EBT pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 14 August 2015.

Following the transaction, Simon Walther's interest and that of his persons closely associated in Ordinary Shares is 151,638 shares, representing 0.37% of the total issued share capital of the Company.

 

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

The trustee of the Cohort plc Employee Benefit Trust transferred shares to the PDMR pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 14 August 2015.

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

468 shares at 338.00 pence

f)

Aggregated Information

-       Price

-       Volume

-       Total

N/A

g)

Date of transaction

3 September 2018

h)

Place of transaction

London Stock Exchange

 

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

Keith Anderson / Daniel Adams






MHP Communications Limited


020 3128 8100

Reg Hoare / Ollie Hoare / Vera Prokhorenko



 

NOTES TO EDITORS

Cohort is the parent company of four 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.

 

MASS is a specialist defence and technology business, focused on electronic warfare, information systems and cyber security.

www.mass.co.uk

 

MCL is an expert in the sourcing, design, integration and support of communications and surveillance technology for the defence and security markets.

www.marlboroughcomms.com

 

SEA is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets.

www.sea.co.uk

 

EID designs and manufactures advanced communications systems for the defence and security markets.

www.eid.pt


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