|
One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
12 August 2024
|
|
COHORT PLC
("Cohort" or "the
Company")
Director Shareholdings
Cohort plc wishes to notify the
following changes in the interests of directors of the Company in
ordinary shares of 10 pence ("Ordinary Shares") in relation to the
vesting of share awards.
Transfer of Share Awards
On 11 August 2024, Ordinary Shares
that had vested on 9 and 11 August 2024 from awards in accordance
with the rules of the 2013 Restricted Share Scheme established on
30 July 2013 (the "Restricted
Share Scheme") were transferred to the executive directors
of the Company (the "Transfers"). The following table sets
out the details of the Transfers:
|
Director
|
Total number of Ordinary
Shares vested on 9 August
|
Total number of Ordinary
Shares vested on 11 August
|
Total number of unvested
Ordinary Shares under the Restricted Share Scheme following
Transfers
|
|
AS
Thomis
|
2,756
|
698
|
5,064
|
|
SR
Walther
|
2,156
|
545
|
3,959
|
Full ownership of Ordinary Shares
awarded under the Restricted Share Scheme (including voting and
dividend rights) transfers to the recipients in four stages; 25% on
award and a further 25% on the first, second and third
anniversaries of the award. Recipients may only sell shares
awarded under the Restricted Share Scheme with the approval of the
Chairman of the Remuneration Committee while they remain in
employment with the Company. Further details regarding the
Restricted Share Scheme can be found in the Company's Annual Report
and Accounts.
Director Shareholdings
Following completion of the
transactions detailed above, the interests of Mr Thomis and Mr
Walther and their connected persons in the Ordinary Shares are as
follows:
|
Director
|
Ordinary
Shares*
|
% of the total issued share
capital
|
|
AS
Thomis
|
261,136**
|
0.63
|
|
SR
Walther
|
236,122
|
0.57
|
*Not including unvested shares under
the Restricted Share Scheme
** 210 shares removed from total as a
PCA of Mr Thomis fell out of scope in August 2024
|
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
instrument, type of instrument
|
Ordinary shares in Cohort plc with a
nominal value of 10 pence each
|
|
b)
|
Identification Code
|
GB00B0YD2B94
|
|
c)
|
Nature of the transaction
|
Vesting of shares under the Cohort
plc 2013 Restricted Share Scheme and transfer to a nominee account
in the name of Andrew Thomis
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
3,454 Ordinary Shares at 0.00
pence
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
|
N/A
|
|
g)
|
Date of transaction
|
11 August 2024
|
|
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
instrument, type of instrument
|
Ordinary shares in Cohort plc with a
nominal value of 10 pence each
|
|
b)
|
Identification Code
|
GB00B0YD2B94
|
|
c)
|
Nature of the transaction
|
Vesting of shares under the Cohort
plc 2013 Restricted Share Scheme and transfer to a nominee account
in the name of Simon Walther
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
2,701 Ordinary Shares
at 0.00 pence
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
|
N/A
|
|
g)
|
Date of transaction
|
11 August 2024
|
|
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
|
|
|
Emily McBride, Group Head of
Marketing and Corporate Communications
|
|
Raquel McGrath, Company
Secretary
|
|
|
|
|
Investec Bank Plc (NOMAD and Broker)
|
020
7597 5970
|
|
Carlton Nelson, Christopher
Baird
|
|
|
|
|
|
MHP
|
020
3128 8276
|
|
Reg Hoare, Ollie Hoare, Hugo
Harris
|
cohort@mhpgroup.com
|
|
|
|
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.
Cohort (AIM: CHRT) was admitted
to London's Alternative Investment Market in March 2006.
It has headquarters in Reading, Berkshire and
employs in total over 1,300 core staff there and at its other
operating company sites across the UK, Germany,
and Portugal.
The group is split into two segments
- Communications and
Intelligence, and Sensors and Effectors:
Communications and Intelligence
· EID
designs and manufactures advanced communications systems for naval
and military customers. Cohort acquired a majority stake in June
2016. www.eid.pt
· 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
Sensors and Effectors
· Chess
Dynamics offers surveillance, tracking and fire-control systems to
the defence and security markets. Chess has been part of the Group
since December 2018. www.chess-dynamics.com
· 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
· 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
