Result of AGM

Cohort PLC
24 September 2024
 

One Waterside Drive

Arlington Business Park

Reading

Berks

RG7 4SW

 

 

 

24 September 2024

 

 

 

 

COHORT PLC

("Cohort")

 

Result of AGM

Cohort, the AIM listed independent technology group, announces that at its Annual General Meeting held earlier today all the resolutions contained within the Notice of Meeting dated 21 August 2024 were duly passed by shareholders.

A summary of the votes received for each resolution is as follows:

 

For1

% For

Against

% Against

Total

% Total2

Withheld3

Ordinary Resolutions

 

1: Accounts

26,472,365

100.00%

0

0.00%

26,472,365

63.33

12,006

2: Dividend

26,482,919

100.00%

2

0.00%

26,482,921

63.35

1,450

3: Remuneration Report

26,072,450

99.97%

8,326

0.03%

26,080,776

62.39

2,894

4: Elect Peter Lynas

26,479,780

99.99%

1,500

0.01%

26,481,280

63.35

3,091

5: Re-elect Nick Prest CBE

25,647,585

99.56%

113,939

0.44%

25,761,524

61.63

722,847

6: Re-elect Andrew Thomis

26,468,350

99.95%

13,174

0.05%

26,481,524

63.35

2,847

7: Re-elect Simon Walther

26,431,502

99.81%

50,022

0.19%

26,481,524

63.35

2,847

8: Re-elect Edward Lowe

26,477,597

99.98%

4,255

0.02%

26,481,852

63.35

2,519

9: Re-elect Beatrice Nicholas

26,477,785

99.99%

3,739

0.01%

26,481,524

63.35

2,847

10: Re-appoint RSM

26,447,642

99.97%

8,967

0.03%

26,456,609

63.29

27,762

11: Auditor's Remuneration

26,479,864

99.99%

1,565

0.01%

26,481,429

63.35

2,942

12: Allot shares

26,466,993

99.94%

16,111

0.06%

26,483,104

63.35

1,267

Special Resolutions


13: General disapplication of pre-emption rights

25,747,968

97.22%

734,994

2.78%

26,482,962

63.35

1,409

14: Additional disapplication of pre-emption rights

25,734,445

97.17%

748,517

2.83%

26,482,962

63.35

1,409

15: Purchase own shares

26,418,649

99.94%

14,791

0.06%

26,433,440

63.24

50,931

16: General meeting notice

26,472,998

99.96%

10,442

0.04%

26,483,440

63.35

931

 

 

Jeff Perrin retired from the Cohort Board following today's AGM after 9 years during which he Chaired the Audit Committee, was a member of the Remuneration Committee and acted as Senior Independent Director. He brought diligence and wisdom to these roles and made a valuable contribution to the development of Cohort. The Board is most grateful to him. Peter Lynas has succeeded Jeff as Chairman of the Audit Committee and Senior Independent Director.

 

Notes:

1.     Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

2.     The total number of shares in issue is 41,801,761.

3.     A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

4.     All percentages are shown to two decimal places.

 

 

 

 

ENDS

 

For further information please contact:

 

Cohort plc

 

0118 909 0390

Andrew Thomis, Chief Executive

 

Simon Walther, Finance Director

 

Kellie Young, (Interim) Group Head of Marketing and Corporate Communications

Raquel McGrath, Company Secretary

 

 

 

Investec Bank Plc (NOMAD and Broker)

 

020 7597 5970

Carlton Nelson, Christopher Baird

 

 

 

 

MHP

 

020 3128 8276

Reg Hoare, Ollie Hoare, Hugo Harris

cohort@mhpgroup.com

 

 

 

 

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.

 

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has headquarters in Reading, Berkshire and employs in total over 1,300 core staff there and at its other operating company sites across the UK, Germany, and Portugal.

 

The group is split into two segments - Communications and Intelligence, and Sensors and Effectors:

 

Communications and Intelligence

 

·      EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016.  www.eid.pt

 

·      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

 

Sensors and Effectors

 

·      Chess Dynamics offers surveillance, tracking and fire-control systems to the defence and security markets. Chess has been part of the Group since December 2018. www.chess-dynamics.com

 

·      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 

 

·      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

 

 

 

 

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