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Pin to quick picksCohort Share News (CHRT)

Share Price Information for Cohort (CHRT)

London Stock Exchange
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Share Price: 1,260.00
Bid: 1,262.00
Ask: 1,270.00
Change: 4.00 (0.32%)
Spread: 8.00 (0.634%)
Open: 1,290.00
High: 1,290.00
Low: 1,246.00
Prev. Close: 1,256.00
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EXECUTIVE CHANGES: Cohort co-founder out; Nuformix co-founder back

Thu, 28th Jul 2022 16:14

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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Cohort PLC - Reading-based defence and security markets-focussed technology - Stanley Carter will depart as non-executive director at Cohort's annual general meeting on September 27. Carter co-founded Cohort in 2006, serving first as chief executive and then as co-chair in 2009, before stepping down to non-executive director in 2015. Nick Prest, who co-founded Cohort with Carter, remains chair. Carter remains a 22% shareholder.

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Nuformix PLC - London-based pharmaceutical firm targeting fibrosis and oncology via drug repurposing - Dan Gooding rejoins company as executive director. Gooding was a co-founder of Nuformix and its CEO until June 2020. He has been acting as a consultant to the company since March. Also promotes Non-Executive Director Julian Gilbert to non-executive chair. The board now will have three members, including also Non-Executive Director Maddy Kennedy.

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Fusion Antibodies PLC - Belfast-based pre-clinical antibody discovery, engineering and supply for therapeutic drug and diagnostic applications - Hires Adrian Kinkaid as CEO, starting August 15. Says Kinkaid has 25 years experience in life science and biotherapeutics industries. He joins from Vortex Liquid Biopsy Solutions Ltd and Vortex Biosciences Inc, where he was CEO.

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ECSC Group PLC - Bradford, West Yorkshire-based cyber security services provider - Hires Matthew Briggs as CEO, starting immediately, while Ian Mann will move to executive chair from CEO. Briggs was chief commercial officer for motor breakdown cover provider RAC Ltd, a divisional managing director at Aviva PLC, and CEO of Capita Insurance, part of Capita PLC.

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Alien Metals Ltd - mineral exploration in Australia, Mexico and Greenland - Hires Rod McIllree as executive chair. As a result, Bill Brodie Good steps down immediately as a company director but remains as non-board CEO, focused on operations, particularly at the Hancock iron ore project in Western Australia. Dan Smith steps down as chair but remains as a non-executive director. McIllree was most recently executive chair of fellow AIM listing Bluejay Mining PLC.

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Sportech PLC - London-based betting technology - Chief Financial Officer Nicola Rowlands will leave Sportech at the end of September to become deputy CFO of an unnamed marketing services firm. Sportech says it will appoint a replacement "in due course", though also says it is "considering its appropriate composition going forward". Rowlands will remain in place through the release of interim results in September, Sportech says.

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Wincanton PLC - Wiltshire, England-based logistics - Hires Tom Hinton as CFO and board member, starting August 15. Most recently, Hinton was CFO at WE Soda Ltd, a mining and chemicals firm.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Cohort subsidiary wins extension to JCSAT contract

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IN BRIEF: Cohort wins GBP17.5 million JCAST contract extension

Cohort PLC - Reading, England-based technology firm - Says its subsidiary MASS Consultants Ltd has won an extension to the Joint Command and Staff Training contract for UK Strategic Command. The extension is for a further two years, until 2027 and has a value in excess of GBP17.5 million.

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Cohort completes acquisition of Aussie firm EM Solutions

(Sharecast News) - Cohort announced the completed acquisition of EM Solutions on Friday, following earlier announcements in November and January.

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31 Jan 2025 08:48

IN BRIEF: Cohort completes acquisition of Australia-based EM Solutions

Cohort PLC - Reading, England-based technology firm - Completes its takeover of Brisbane, Australia-based naval communications firm EM Solutions Pty Ltd. It will operate as the seventh stand-alone business within Cohort, reporting through the Communications & Intelligence division. Cohort announced in November it had agreed to buy EM Solutions for AUD144.0 million, about GBP75 million at the time.

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9 Jan 2025 16:56

Cohort subsidiary secures Italian submarine contract extension

(Sharecast News) - Technology company Cohort announced on Thursday that its German subsidiary ELAC Sonar has been awarded a €16.4m contract amendment.

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9 Jan 2025 12:05

IN BRIEF: Cohort subsidiary wins EUR16 million contract amendment

Cohort PLC - Reading, England-based technology firm - Says its German subsidiary, ELAC Sonar GmbH, has received a contract amendment to the value of EUR16.4 million, for the delivery of a sonar system to an additional unit of the Italian Navy's new build submarine programme. The amendment brings the 2021 contract's total value up to EUR100 million, and covers the supply of sonar systems to four submarines.

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24 Dec 2024 12:07

IN BRIEF: Cohort says acquisition completion delayed to February

Cohort PLC - Reading, England-based technology firm - Says acquisition of EM Solutions Pty Ltd is now expected to complete by the end of February. It previously announced the acquisition would complete before the end of the calendar year. It expects any change in the net contribution from the acquisition in the year to the end of April to be immaterial. Cohort previously announced it had agreed to buy EM Solutions for AUD144.0 million, about GBP75 million at the time.

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24 Dec 2024 11:11

Cohort acquisition of EM Solutions pushed back to February

(Sharecast News) - Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.

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11 Dec 2024 09:57

Cohort reports strong growth as conflicts fuel defence spending

(Alliance News) - Cohort PLC on Wednesday reported record half-year results and hiked its interim dividend, as geopolitical instability drove increased defence spending.

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Cohort reports record first half

(Sharecast News) - Independent technology company Cohort reported record half-year results on Wednesday, with significant growth in revenue, profit, and its order book.

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LONDON BRIEFING: BAT to meet outlook; Volution in "positive start"

(Alliance News) - The FTSE 100 is called to open lower on Wednesday, ahead of a US consumer price inflation, which lands a week before the Federal Reserve's final rate call of the year.

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4 Dec 2024 13:27

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21 Nov 2024 12:30

Cohort raises GBP40 million to buy Australia naval communications firm

(Alliance News) - Cohort PLC on Tuesday said it has raised GBP41 million from an offering of shares to institutional and retail investors, with the money to be used toward a defence-sector acquisition in Australia.

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