|
One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
19 August 2024
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COHORT PLC
("Cohort" or "the
Company")
Director
Shareholdings
Grant of Long-Term Incentive
Plan awards
The Company announces that on 16
August 2024 the following awards over ordinary shares of 10 pence
each in the Company ("Shares") were granted under the Cohort
plc Executive Long Term Incentive Plan ("LTIP") to the following
directors and persons discharging managerial
responsibilities:
|
Director / PDMR
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Position
|
No.
of Shares under award
|
|
Andrew Thomis
|
Chief Executive Officer
|
34,186
|
|
Simon Walther
|
Finance Director
|
25,395
|
The awards have been granted in the
form of nil-cost Shares and will not normally vest before 16 August
2027. Awards may vest on that date, in whole or in part, dependent
on performance against organic growth and total growth targets,
measured over a three-year period.
Such awards granted to the Executive
Directors are additionally subject to a two-year holding period
following the vesting date.
Contact information
The information set out below is
provided in accordance with the requirements of Article 19 of the
EU Market Abuse Regulation.
|
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
|
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1
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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Andrew Thomis
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive
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b)
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Initial
notification/amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
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a)
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Full name of the entity
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Cohort plc
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b)
|
Legal Entity Identifier
Code
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213800WE61C73LZZNW11
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4
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Details of the transaction(s)
|
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a)
|
Description of the financial
instrument, type of instrument
|
Ordinary shares in Cohort plc with a
nominal value of 10 pence each
|
|
b)
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Identification Code
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GB00B0YD2B94
|
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c)
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Nature of the transaction
|
Performance-related award of shares
under the Cohort plc Executive Long Term Incentive Plan with a vest
date of 16 August 2027
|
|
d)
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Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
34,186 Shares at nil pence per
share
|
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f)
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Aggregated Information
- Price
- Volume
- Total
|
N/A
|
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g)
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Date of transaction
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16 August 2024
|
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h)
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Place of transaction
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Outside of a trading
venue
|
|
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
|
Performance-related award of shares
under the Cohort plc Executive Long Term Incentive Plan with a vest
date of 16 August 2027
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
25,395 Shares at nil pence per
share
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
|
N/A
|
|
g)
|
Date of transaction
|
16 August 2024
|
|
h)
|
Place of transaction
|
Outside of a trading
venue
|
ENDS
For
further information please contact:
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Cohort plc
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0118
909 0390
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Andrew Thomis, Chief
Executive
|
|
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Simon Walther, Finance
Director
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Emily McBride, Group Head of
Marketing and Corporate Communications
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Raquel McGrath, Company
Secretary
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Investec Bank Plc (NOMAD and Broker)
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020
7597 5970
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Carlton Nelson, Christopher
Baird
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MHP
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020
3128 8276
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Reg Hoare, Ollie Hoare, Hugo
Harris
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cohort@mhpgroup.com
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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
