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EBT Purchase

29 May 2018 17:29

RNS Number : 5914P
Cohort PLC
29 May 2018
 

29 May 2018

AIM:CHRT

COHORT PLC ("Cohort")

EBT Purchase

 

The Company was notified on 29 May 2018 by the trustees of the Cohort Employee Benefit Trust ("EBT") that they purchased 32,500 ordinary shares of 10 pence each in the Company on 25 May 2018 at a price of 340.00 pence per share. The shares held in the EBT are intended to be used to satisfy awards made under the Cohort employee share schemes.

 

The EBT is a discretionary trust for the benefit of employees of Cohort plc and its subsidiaries. The Executive Directors of Cohort plc are included in the class of beneficiaries of the EBT and are deemed to be interested in those shares and the dealings thereof.

 

Following these transactions, a total of 373,628 ordinary shares, representing 0.91 per cent of the Company's total voting rights, are held in the EBT.

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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