Cohort PLC Director Share Awards (0198Q)

TIDMCHRT

RNS Number : 0198Q

Cohort PLC

06 September 2017

COHORT PLC

("Cohort")

Director Share Awards

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 share awards and share options.

Grant of Share Options

On 1 September 2017 share options pursuant to the Cohort plc 2016 Company Share Option Plan were granted to directors of the Company as follows:

 
 Director        Number        Exercise  Total number 
                  of shares     Price     of shares under 
                  under this    (pence)   option following 
                  option                  grant 
--------------  ------------  ---------  ----------------- 
 AS Thomis - 
  Approved       7,978         376.00    7,978 
--------------  ------------  ---------  ----------------- 
 AS Thomis - 
  Unapproved     1,809         376.00    53,153 
--------------  ------------  ---------  ----------------- 
 SR Walther - 
  Approved       7,660         376.00    7,660 
--------------  ------------  ---------  ----------------- 
 SR Walther - 
  Unapproved     -             -         190,945 
--------------  ------------  ---------  -----------------

The options can be exercised between 1 September 2020 and 31 August 2027.

On 1 September 2017 share options pursuant to the Cohort plc 2016 Savings Related Share Option Scheme (the "Scheme") were granted to directors of the Company as follows:

 
 Director      Number of       Exercise         Total number 
                shares under    Price (pence)    of shares under 
                this option                      option following 
                                                 grant 
------------  --------------  ---------------  ------------------ 
 AS Thomis     1480            408.5            7,558 
------------  --------------  ---------------  ------------------ 
 SR Walther    440             408.5            2,195 
------------  --------------  ---------------  ------------------

The options are made pursuant to three year savings contracts.

Director Shareholdings

Following completion of the transactions detailed above on 1 September 2017, 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     118,686           0.29 
------------  ----------------  --------------- 
 SR Walther    107,781           0.26 
------------  ----------------  ---------------

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 
Keith Anderson / Daniel 
 Adams 
 
MHP Communications 
 Limited                   020 3128 8100 
Reg Hoare / Ollie 
 Hoare

NOTES TO EDITORS

Cohort is the parent company of four 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.

MASS is a specialist defence and technology business, focused on electronic warfare, information systems and cyber security.

www.mass.co.uk

MCL is an expert in the sourcing, design, integration and support of communications and surveillance technology for the defence and security markets.

www.marlboroughcomms.com

SEA is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets.

www.sea.co.uk

EID designs and manufactures advanced communications systems for the defence and security markets.

www.eid.pt

This information is provided by RNS

The company news service from the London Stock Exchange

END

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