Cohort PLC EBT Purchase of Shares (5921I)
December 14 2020 - 8:51AM
UK Regulatory
TIDMCHRT
RNS Number : 5921I
Cohort PLC
14 December 2020
One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
14 December 2020
COHORT PLC
(Cohort or the Company)
EBT PURCHASE OF SHARES
The Company was notified on 11 December 2020 by the trustees of
the Cohort Employee Benefit Trust (the EBT ) that they purchased
500 ordinary shares of 10 pence each in the Company ( Shares ) on
11 December 2020 at a price of GBP5.8986 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, which is due to settle on 15
December 2020, a total of 75,200 Shares representing 0.18 per cent
of the Company's total voting rights will be held in the EBT.
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 /
Isabella Grace
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. It 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
Cohort (AIM: CHRT) was admitted to London's Alternative
Investment Market in March 2006. It has headquarters in Reading,
Berkshire and employs in total around 1,000 core staff there and at
its other operating company sites across the UK, Germany and
Portugal.
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END
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