Cohort PLC Director/PDMR Shareholding (0500A)

TIDMCHRT

RNS Number : 0500A

Cohort PLC

17 January 2024

 
 One Waterside Drive 
  Arlington Business Park 
  Reading 
  Berks 
  RG7 4SW 
 
 
 
  17 January 2024 
 

COHORT PLC

("Cohort" or "the Company")

Director Shareholdings

The Company announces that on 17 January 2024, Peter Lynas, a Non-executive Director of Cohort, purchased 15,000 ordinary shares of 10 pence each in the Company at an average price of 545.3 pence per share.

As a result of the above transaction, Peter Lynas' beneficial interest is 15,000 ordinary shares representing 0.04% of the total issued share capital of the Company.

The information set out below is provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.

 
 NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL 
  RESPONSIBILITIES 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
     ---------------------------------------------------------------- 
 a)   Name                              Peter Lynas 
     --------------------------------  ------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                   Non-executive 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      Ordinary shares in Cohort plc 
       instrument, type of instrument    with a nominal value of 10 
                                         pence each 
     --------------------------------  ------------------------------ 
 b)   Identification Code               GB00B0YD2B94 
     --------------------------------  ------------------------------ 
 c)   Nature of the transaction         Market purchase of shares 
     --------------------------------  ------------------------------ 
 d)   Currency                          GBP - British Pound 
     --------------------------------  ------------------------------ 
 e)   Price(s) and Volume(s)            15,000 shares at 545.3p 
     --------------------------------  ------------------------------ 
 f)   Aggregated Information 
        *    Price                        N/A 
 
 
        *    Volume 
 
 
        *    Total 
     --------------------------------  ------------------------------ 
 g)   Date of transaction               17 January 2024 
     --------------------------------  ------------------------------ 
 h)   Place of transaction              London Stock Exchange AIM 
     --------------------------------  ------------------------------ 
 

ENDS

For further information please contact:

 
 
   Cohort plc                                0118 909 0390 
 Andy Thomis, Chief Executive 
 Simon Walther, Finance Director 
 Emily McBride, Group Head of Marketing 
  and Corporate Communications 
 Raquel McGrath, Company Secretary 
 
 
   Investec Bank Plc (NOMAD and Broker)      020 7597 5970 
 Carlton Nelson, Christopher Baird 
 
 
   MHP                                       020 3128 8276 
 Reg Hoare, Ollie Hoare, Hugo Harris       [e-mail] 
 
 

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.

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has headquarters in Reading, Berkshire and employs in total over 1,200 core staff there and at its other operating company sites across the UK, Germany, and Portugal.

The group is split into two segments - Communications and Intelligence, and Sensors and Effectors:

Communications and Intelligence

-- EID designs and manufactures advanced communications systems for naval and military customers. Cohort

acquired a majority stake in June 2016.   www.eid.pt 

-- 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

Sensors and Effectors

-- Chess Dynamics offers surveillance, tracking and fire-control systems to the defence and security markets. Chess has been part of the Group since December 2018. www.chess-dynamics.com

-- 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 

-- 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

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January 17, 2024 10:25 ET (15:25 GMT)