Cohort PLC EBT Purchase (3991V)
August 06 2020 - 8:10AM
UK Regulatory
TIDMCHRT
RNS Number : 3991V
Cohort PLC
06 August 2020
6 August 2020
COHORT PLC ("Cohort")
COHORT PLC (the "Company")
EBT Purchase
The Company was notified on 3 August 2020 by the trustees of the
Cohort Employee Benefit Trust ("EBT") that they purchased 13,368
ordinary shares of 10 pence each in the Company on 31 July 2020 at
a price of 593.78 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 this transaction, a total of 224,416 ordinary shares,
representing 0.55 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
Chris Baird
MHP Communications Limited 020 3128 8100
Peter Lambie / Reg 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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