EBT Purchase - Replacement

RNS Number : 1576I

Cohort PLC

10 August 2021

 

HEADLINE ALTERATION

The headline for the Cohort announcement released on 05 August at 1:42PM under RNS No 7411H should read 'EBT Purchase'.

The announcement text is unchanged and is reproduced in full below.

COHORT PLC (the Company)

EBT Purchase

The Company was notified on 3 August 2021 by the trustees of the Cohort Employee Benefit Trust ("EBT") that they purchased 72,500 ordinary shares of 10 pence each in the Company (the Shares) on 3 August 2021 at a price of 539.4 pence per share. The Shares held in the EBT are intended to be used to satisfy awards made under the Cohort employee share schemes.

The EBT is a discretionary trust for the benefit of employees of Cohort plc and its subsidiaries. The Executive Directors of Cohort plc are included in the class of beneficiaries of the EBT and are deemed to be interested in those shares and the dealings thereof.

Following this transaction, a total of 244,144 ordinary shares, representing 0.595 per cent of the Company's total voting rights, are held in the EBT.

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 / Alex Janiaud

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

 

END

 

 

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