12 August 2013 AIM: CHRT
PRESS RELEASE
COHORT PLC ("Cohort")
Grant of Share 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 |
24,250 |
167.5 |
242,791 |
SR Walther |
21,750 |
167.5 |
172,174 |
The unapproved options were granted on 9 August 2013 pursuant to the Cohort plc 2006 Share Option Scheme established on 16 February 2006, and can be exercised between 10 August 2016 and 9 August 2023.
Ends
For further information, please contact
Cohort plc
|
Andrew Thomis, Chief Executive Simon Walther, Finance Director |
+44 (0)118 909 0390
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Investec |
Keith Anderson, Daniel Adams |
+44 (0)20 7597 5970 |
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MHP Communications |
Reg Hoare, Vicky Watkins, Ben Griffiths |
+44 (0)20 3128 8100 |
Cohort plc (www.cohortplc.com) (@Cohortplc)
Cohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through three market-facing subsidiary companies:
Ÿ MASS (www.mass.co.uk) - a specialist systems house with considerable experience in the defence market and a focus on information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;
Ÿ SCS (www.scs-ltd.co.uk) - a defence technical advisory business, combining technical expertise with practical experience and domain knowledge. Owned by Cohort since flotation in March 2006;
Ÿ 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 employs in total around 500 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Lincolnshire and Somerset.