EBT Purchase

RNS Number : 5948E
Cohort PLC
12 February 2018
 

12 February 2018

AIM:CHRT

COHORT PLC ("Cohort")

EBT Purchase  

 

The Company was notified on 9 February 2018 by the trustees of the Cohort Employee Benefit Trust ("EBT") that they purchased 50,000 ordinary shares of 10 pence each in the Company on 9 February 2018 at a price of 338.83 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 these transactions, a total of 397,845 ordinary shares, representing 0.97 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



                          



Investec Bank plc


020 7597 5970

Keith Anderson / Daniel Adams






MHP Communications Limited


020 3128 8100

Reg Hoare / Ollie Hoare



 

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
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