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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cohort Plc | LSE:CHRT | London | Ordinary Share | GB00B0YD2B94 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
10.00 | 1.69% | 600.00 | 596.00 | 604.00 | 600.00 | 582.00 | 594.00 | 20,778 | 10:02:33 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Consulting Svcs,nec | 182.71M | 11.36M | 0.0243 | 244.44 | 2.77B |
TIDMCHRT
RNS Number : 6377O
Cohort PLC
22 August 2017
22 August 2017
Cohort plc
("Cohort")
MCL acquisition final instalment paid
Cohort, the independent technology group, confirms that, further to the statement in the final results released on 29 June 2017, it has paid a final instalment of GBP2.5m to MCL's former shareholders under the terms of the acquisition agreement dated July 2014. This amount includes GBP0.6m as a final performance-based value adjustment, and just over GBP1.9m as the former shareholders' share of the surplus cash in the business as at 30 April 2017. The payment was funded from Cohort's existing financial resources.
Ends
For further information, please contact:
Cohort plc 0118 909 0390 Andy 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 / Ollie Hoare
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 company news service from the London Stock Exchange
END
ACQZMGZRRZMGNZG
(END) Dow Jones Newswires
August 22, 2017 04:24 ET (08:24 GMT)
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