Director Shareholdings

RNS Number : 0171N

Cohort PLC

19 September 2019

 

19 September 2019                                                                                                                                           AIM: CHRT

COHORT PLC (the "Company")

Director Shareholdings

Cohort plc (the "Company") wishes to notify the following changes in the interests of directors of the Company in ordinary shares of 10 pence each in the Company ("Ordinary Shares").

Grant of Share Options

On 18 September 2019 share options pursuant to the Cohort plc 2016 Company Share Option Plan were granted to directors of the Company as follows:

Director	Number of shares under this option	Exercise Price (pence)	Total number of all shares under option following grant
AS Thomis - Unapproved	7,569	487.5	84,128
SR Walther - Unapproved	5,922	487.5	43,072

The options can be exercised between 18 September 2022 and 17 September 2029.

Automatic Dividend Reinvestment

The Company also notifies the market that, following the payment of the final dividend on 18 September 2019, dividends received in respect of Ordinary Shares held by Andrew Thomis in an individual SIPP account were automatically reinvested in Ordinary Shares at a price of 513.30 pence per share. The number of Ordinary Shares held in the SIPP account of Andrew Thomis increased by 107 Ordinary Shares.

Director Shareholdings

Following completion of the transactions detailed above, the interests of Mr Thomis and Mr Walther and their connected persons in Ordinary Shares of Cohort plc will be as follows:

Director	Ordinary Shares	% of the total issued share capital
AS Thomis	161,110	0.39
SR Walther	166,579	0.41

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	Grant of share options under the Cohort plc 2016 Company Share Option Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	7,569 share options at 487.50 pence
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	18 September 2019
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
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	Grant of share options under the Cohort plc 2016 Company Share Option Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	5,922 share options at 487.50 pence
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	18 September 2019
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	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	Automatic reinvestment of dividends received on Ordinary Shares held in an individual SIPP account
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	107 Ordinary Shares at 513.30 pence
f)	Aggregated Information -       Price -       Volume -       Total	N/A
g)	Date of transaction	18 September 2019
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
Investec Bank plc		020 7597 5970
Daniel Adams / Chris Baird
MHP Communications Limited		020 3128 8100
Reg Hoare / Ollie Hoare / Luke Briggs

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.

 

END

 

 

DSHCKCDNQBKDQCD