Cohort PLC EBT Purchase (9693B)
February 04 2020 - 12:38PM
UK Regulatory
TIDMCHRT
RNS Number : 9693B
Cohort PLC
04 February 2020
4 February 2020
COHORT PLC ("Cohort")
COHORT PLC (the "Company")
EBT Purchase
The Company was notified on 4 February 2020 by the trustees of
the Cohort Employee Benefit Trust ("EBT") that they purchased
100,000 ordinary shares of 10 pence each in the Company on 4
February 2020 at a price of 690.00 pence per share. The shares held
in the EBT are intended to be used to satisfy awards made under the
Cohort employee share schemes.
The EBT is a discretionary trust for the benefit of employees of
Cohort plc and its subsidiaries. The Executive Directors of Cohort
plc are included in the class of beneficiaries of the EBT and are
deemed to be interested in those shares and the dealings
thereof.
Following these transactions, a total of 235,744 ordinary
shares, representing 0.58 per cent of the Company's total voting
rights, are held in the EBT.
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
MHP Communications Limited 020 3128 8100
Reg Hoare / Ollie Hoare / Alice
McLaren
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.
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contact rns@lseg.com or visit www.rns.com.
END
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