Director/PDMR Shareholding

RNS Number : 2928P

Cohort PLC

15 October 2021

 

15 October 2021    AIM: CHRT

COHORT PLC

(the "Company")

Director Shareholdings

The Company was notified on 8 October 2021 that, following the annual accumulation period which ended 31 August 2021, ordinary shares of 10 pence each in the Company ("Shares") were purchased under the Cohort plc Share Incentive Plan ("SIP") on 8 October 2021. The Employee Benefit Trust was used to satisfy the sale of the shares which are now to be held beneficially in trust by Link Market Services Trustees Limited on behalf of Andrew Thomis, Chief Executive, and Simon Walther, Finance Director:

Director	Number of Shares Purchased	SIP Purchase Price (pence)
Andrew Thomis	330	546.0
Simon Walther	330	546.0

The SIP purchase price is based on the lower of the share price at the beginning of the accumulation period (1 September 2020), being 608.0 pence, and the share price at the end of the accumulation period (31 August 2021), being 546.0 pence.

Director Shareholdings

Following completion of the transactions detailed above, the interests of Andrew Thomis and Simon Walther and their connected persons in the shares of Cohort plc are as follows:

Director	Ordinary shares	% of the total issued share capital
Andrew Thomis	210,144	0.51
Simon Walther	204,899	0.50

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	Purchase of shares to be held in Trust beneficially on behalf of Andrew Thomis under the Cohort plc Share Incentive Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	330 Ordinary Shares at 546.0 pence
f)	Aggregated Information -  Price -  Volume -  Total	N/A
g)	Date of transaction	8 October 2021
h)	Place of transaction	Outside a trading venue

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	Purchase of shares to be held in Trust beneficially on behalf of Simon Walther under the Cohort plc Share Incentive Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	330 Ordinary Shares at 546.0 pence
f)	Aggregated Information -  Price -  Volume -  Total	N/A
g)	Date of transaction	8 October 2021
h)	Place of transaction	Outside a trading venue

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. A majority stake 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

 

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