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5 Sep 2018 10:27
5 September 2018
COHORT PLC (the "Company")
Director Share Options
Cohort plc (the "Company") hereby notifies the market that, on 1 September 2018 share options pursuant to the Cohort plc 2016 Savings Related Share Option Scheme were granted to Mr Andrew Thomis and Mr Simon Walther as follows:
Director | Scheme Type | Number of shares under this option | SAYE Exercise Price (pence)
| Total number of shares under option following grant
|
AS Thomis | SAYE | 1,993 | 390.00 | 75,626 |
SR Walther | SAYE | 673 | 390.00 | 36,129 |
The SAYE options are made pursuant to three-year savings contracts and the exercise price is based on the share price at close of business on the 9 August 2018 (the date before invitation).
Director Participation in Share Incentive Plan
On 1 September 2018, Mr Andrew Thomis and Mr Simon Walther joined the Cohort plc Share Incentive Plan ("SIP"). Under the SIP, Mr Thomis and Mr Walther have each committed to contribute £150 per month from pre-tax pay for a 12-month accumulation period. The total amount saved will be used to purchase Company shares at a price which is the lower of 415.00p and the market price on the final day of the accumulation period.
Director Shareholdings
Andrew Thomis, Chief Executive
The Company also notifies the market that, on 3 September 2018, Andrew Thomis notified the Company that he had received 2,300 ordinary shares of 10 pence each from the trustee of the Cohort plc Employee Benefit Trust ("EBT") pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 14 August 2015.
Following the transaction, Andrew Thomis' interest and that of his persons closely associated in Ordinary Shares is 140,526 shares, representing 0.34% of the total issued share capital of the Company.
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 Officer |
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 | The trustee of the Cohort plc Employee Benefit Trust transferred shares to the PDMR pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 14 August 2015. |
d) | Currency | GBP - British Pound |
e) | Price(s) and Volume(s) | 2,300 shares at 338.00 pence |
f) | Aggregated Information - Price - Volume - Total | N/A |
g) | Date of transaction | 3 September 2018 |
h) | Place of transaction | London Stock Exchange |
Simon Walther, Finance Director
The Company also notifies the market that, on 3 September 2018, Simon Walther notified the Company that he had received 468 ordinary shares of 10 pence each from the EBT pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 14 August 2015.
Following the transaction, Simon Walther's interest and that of his persons closely associated in Ordinary Shares is 151,638 shares, representing 0.37% of the total issued share capital of the Company.
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 | The trustee of the Cohort plc Employee Benefit Trust transferred shares to the PDMR pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 14 August 2015. |
d) | Currency | GBP - British Pound |
e) | Price(s) and Volume(s) | 468 shares at 338.00 pence |
f) | Aggregated Information - Price - Volume - Total | N/A |
g) | Date of transaction | 3 September 2018 |
h) | Place of transaction | London Stock Exchange |
Ends
For further information, please contact:
Cohort plc | 0118 909 0390 | |
Andrew Thomis, Chief ExecutiveSimon Walther, Finance Director | ||
Investec Bank plc | 020 7597 5970 | |
Keith Anderson / Daniel Adams | ||
MHP Communications Limited | 020 3128 8100 | |
Reg Hoare / Ollie Hoare / Vera Prokhorenko |
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
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