TIDMCHRT

RNS Number : 2602M

Cohort PLC

13 September 2019

13 September 2019 AIM: CHRT

COHORT PLC (the "Company")

Director Shareholdings

Cohort plc (the "Company") wishes to notify the following changes in the interests of directors of the Company in ordinary shares of 10 pence in relation to the purchase of shares.

Purchase of SIP Shares

The Company hereby notifies the market that, on 10 September 2019 shares were purchased under the Cohort plc Share Incentive Plan ("SIP") to be held in Trust beneficially on behalf of Mr Andrew Thomis and Mr Simon Walther as follows:

 
  Director    Scheme        Number of       SIP Purchase Price 
                Type     Shares Purchased         (pence) 
  AS Thomis     SIP            433                415.00 
              -------  ------------------  ------------------- 
 SR Walther     SIP            433                415.00 
              -------  ------------------  ------------------- 
 

The SIP purchase price is based on the lower of the share price at the beginning of the accumulation period (1 September 2018), being 415.00p, and the share price on the acquisition date (10 September 2019), being 465.00p.

Director Shareholdings

Following completion of the transactions detailed above on 10 September 2019, the interests of Mr Thomis and Mr Walther and their connected persons in the shares of Cohort plc will be as follows:

 
  Director     Ordinary shares      % of the total 
                                  issued share capital 
  AS Thomis        161,003               0.39 
              ----------------  ---------------------- 
 SR Walther        166,579               0.41 
              ----------------  ---------------------- 
 
 
 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      Ordinary shares in Cohort plc 
       instrument, type of instrument    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 Mr Andrew Thomis under the 
                                         Cohort plc Share Incentive 
                                         Plan 
     --------------------------------  --------------------------------- 
 d)   Currency                          GBP - British Pound 
     --------------------------------  --------------------------------- 
 e)   Price(s) and Volume(s)            433 Ordinary Shares at 415.00 
                                         pence 
     --------------------------------  --------------------------------- 
 f)   Aggregated Information            N/A 
        *    Price 
 
 
        *    Volume 
 
 
        *    Total 
     --------------------------------  --------------------------------- 
 g)   Date of transaction               10 September 2019 
     --------------------------------  --------------------------------- 
 h)   Place of transaction              Outside of a Main Market 
     --------------------------------  --------------------------------- 
 
 
 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      Ordinary shares in Cohort plc 
       instrument, type of instrument    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 Mr Simon Walther under the 
                                         Cohort plc Share Incentive 
                                         Plan 
     --------------------------------  --------------------------------- 
 d)   Currency                          GBP - British Pound 
     --------------------------------  --------------------------------- 
 e)   Price(s) and Volume(s)            433 Ordinary Shares at 415.00 
                                         pence 
     --------------------------------  --------------------------------- 
 f)   Aggregated Information            N/A 
        *    Price 
 
 
        *    Volume 
 
 
        *    Total 
     --------------------------------  --------------------------------- 
 g)   Date of transaction               10 September 2019 
     --------------------------------  --------------------------------- 
 h)   Place of transaction              Outside of a Main Market 
     --------------------------------  --------------------------------- 
 

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 
Daniel Adams / Chris Baird 
 
MHP Communications Limited          020 3128 8100 
Reg Hoare / Ollie Hoare / Luke 
 Briggs 
 

NOTES TO EDITORS

Cohort plc (www.cohortplc.com) is the parent company of five 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.

Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers systems and technologies for detecting, tracking, classifying and disrupting naval, land and air threats. It was acquired by Cohort plc in December 2018. www.chess-dynamics.com & www.vision4ce.com

EID designs and manufactures advanced communications systems for the defence and security markets. Cohort acquired a majority stake in June 2016. www.eid.pt

MASS is a specialist defence and technology business, focused on electronic warfare, information systems and cyber security. Acquired by Cohort in August 2006. www.mass.co.uk

MCL - an expert in sourcing, design and integration of communications and surveillance technology, as well as support and training 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 is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets. Acquired by Cohort in October 2007. www.sea.co.uk

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Reading, Berkshire and employs in total around 950 core staff there and at its other operating company sites across the UK and in Portugal.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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