Cohort PLC Director/PDMR Shareholding (1997N)

TIDMCHRT

RNS Number : 1997N

Cohort PLC

21 October 2016

21 October 2016

COHORT PLC

Director Shareholdings

On 19 October 2016, Andrew Thomis provided his instructions to exercise his share option granted under the Cohort plc Savings Related Share Option Scheme on 13 August 2013. Following the processing of the instruction, Andrew Thomis will receive 2,330 Ordinary Shares at 154.5 pence per share from the trustee of the Cohort plc Employee Benefit Trust.

Following the transaction, Andrew Thomis's interest and that of his persons closely associated in Ordinary Shares will be 115,158, representing 0.28% 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 
---  -------------------------------  -------------------------- 
 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          213800WE61C73LZZNW11 
       Code 
---  -------------------------------  -------------------------- 
 4    Details of the transaction(s) 
---  ----------------------------------------------------------- 
 a)   Description of the               Ordinary shares in Cohort 
       financial instrument,            plc with a nominal value 
       type of instrument               of 10 pence each 
---  -------------------------------  -------------------------- 
 b)   Identification Code              GB00B0YD2B94 
---  -------------------------------  -------------------------- 
 c)   Nature of the transaction        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)           2,330 shares at 154.5 
                                        pence 
---  -------------------------------  -------------------------- 
 f)   Aggregated Information           N/A 
        *    Price 
 
 
        *    Volume 
 
 
        *    Total 
---  -------------------------------  -------------------------- 
 g)   Date of transaction              19 October 2016 
---  -------------------------------  -------------------------- 
 h)   Place of transaction             London Stock Exchange 
---  -------------------------------  -------------------------- 
 

Ends

For further information, please contact:

 
Cohort plc                 0118 909 0390 
Andrew Thomis, Chief 
 Executive 
 Simon 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 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 21, 2016 07:53 ET (11:53 GMT)