Last checked at 7 Oct 2016 16:05
7 October 2016
COHORT PLC (the "Company")
Director Shareholdings
Cohort plc (the "Company") hereby notifies the market that, on 5 September 2016, Simon Walther received 5,825 ordinary shares of 10 pence each from the trustee of the Cohort plc Employee Benefit Trust pursuant to the exercise of an option granted under the Cohort plc Savings Related Share Option Scheme on 13 August 2013. Following the transaction, Simon Walther's interest and that of his persons closely associated in Ordinary Shares is 103,379 Shares, representing 0.25% of the total issued share capital of the Company.
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES Â | ||
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 13 August 2013 |
d) | Currency | GBP - British Pound |
e) | Price(s) and Volume(s) | 5,825 shares at 154.5 pence |
f) | Aggregated Information - Price - Volume - Total | N/A |
g) | Date of transaction | 5 September 2016 |
h) | Place of transaction | London Stock Exchange |
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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 / Jamie Ricketts / Ollie Hoare |
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NOTES TO EDITORS
Cohort plc
Cohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through five market-facing subsidiary companies:
MASS - a specialist systems house with a focus on electronic warfare operational support, cyber defence and secure information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;
MCL - an expert in sourcing, design and integration of surveillance and other electronic systems, as well as field support and training for the UK MOD and other government agencies. Based in Surrey, MCL has been part of the Group since July 2014;
SCS - a defence technical advisory business, providing a range of services, including independent technical evaluation of military aircraft safety, and design and delivery of large and small scale military training exercises. Owned by Cohort since flotation in March 2006;
SEA - an advanced systems and software business operating in the defence (naval systems, simulation, training and technology research), transport and offshore energy market sectors. Acquired by Cohort in October 2007.
EID - a Portugal based supplier of advanced electronics, communications and command and control products and systems for the global defence market, in which Cohort acquired a majority stake in June 2016.
Cohort was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Berkshire and employs in total around 800 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Devon, Lincolnshire, Somerset, Surrey, Scotland and Portugal.
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