06 August 2012 AIM: CHRT
PRESS RELEASE
COHORT PLC ("Cohort")
Grant of Options
The Company announces the following grant of unapproved options over ordinary shares of
10 pence each to directors of the Company:
Director |
Number of shares under this option |
Exercise Price (pence) |
Total number of shares under option following grant |
AS Thomis |
75,000 |
116.5 |
218,541 |
SR Walther |
65,000 |
116.5 |
150,424 |
The unapproved options were granted on 2 August 2012 pursuant to the Cohort plc 2006 Share Option Scheme established on 16 February 2006, and can be exercised between 3 August 2015 and 2 August 2022.
Ends
For further information please contact:
Cohort plc |
0118 909 0390 |
Andy 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 |
|
NOTES TO EDITORS
Cohort plc (www.cohortplc.com) is the parent company for three innovative, agile and responsive businesses working primarily for defence (air, land and sea), wider government and industry clients.
· SCS (www.scs-ltd.co.uk) - a defence consultancy, combining technical expertise with practical experience and domain knowledge. Owned by Cohort since flotation in March 2006.
· MASS (www.mass.co.uk) - a specialist defence and aerospace business, focused mainly on electronic warfare, information systems and electronic systems development. Acquired by Cohort in August 2006.
· SEA (www.sea.co.uk) - an advanced surveillance systems and software house with hardware development capability operating in the defence, space and transport market sectors. Acquired by Cohort in October 2007.
Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Berkshire and, through its operating companies, employs in total around 530 core staff there and at bases in Bristol, Cambridgeshire, Lincolnshire and Somerset.