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Last checked at 
12 Jan 2021 18:10
One Waterside Drive Arlington Business Park Reading Berks RG7 4SW
12 January 2021
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COHORT PLC
(Cohort or the Company)
Director Shareholdings
The Company announces that on 12 January 2021, Nick Prest, Chairman of the Company, sold 285,000 ordinary shares of 10 pence each in the Company (Shares) at a price of 615 pence per Share. The sale was for personal financial reasons and to satisfy institutional demand.
As a result of the above transaction, Nick Prest's beneficial interest in Shares of the Company is 1,791,738, representing 4.37% of the total issued share capital of the Company.
The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Nick Prest |
2 | Reason for the notification | |
a) | Position/status | Chairman |
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 | Sale of shares |
d) | Currency | GBP - British Pound |
e) | Price(s) and Volume(s) | 285,000 at 615 pence per share |
f) | Aggregated Information - Price - Volume - Total | N/A |
g) | Date of transaction | 12 January 2021 |
h) | Place of transaction | London Stock Exchange AIM Market |
ENDS
For further information, please contact:
Cohort plc | 0118 909 0390 | |
Andrew Thomis, Chief ExecutiveSimon Walther, Finance Director Raquel McGrath, Company Secretary | ||
| ||
Investec Bank plc | 020 7597 5970 | |
Daniel Adams / Christopher Baird | ||
MHP Communications | 020 3128 8100 | |
Reg Hoare / Pete Lambie / Isabella Grace |
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.
Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers surveillance, tracking and fire-control systems to the defence and security markets. It was acquired by Cohort plc in December 2018. www.chess-dynamics.com & www.vision4ce.com
EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt
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
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
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
Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has headquarters in Reading, Berkshire and employs in total around 1,000 core staff there and at its other operating company sites across the UK, Germany and Portugal.
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