EBT Purchase of Shares

RNS Number : 4450O
Cohort PLC
09 February 2021
 

One Waterside Drive

Arlington Business Park

Reading

Berks

RG7 4SW

 

 

 

9 February 2021

 

 

 

 

COHORT PLC

(Cohort or the Company)

 

EBT PURCHASE OF SHARES

 

 

The Company was notified on 8 February 2021 by the trustees of the Cohort Employee Benefit Trust (the EBT ) that they purchased 68,500 ordinary shares of 10 pence each in the Company ( Shares ) on 5 February 2021 at a price of £6.23953 per Share and 31,500 Shares on 8 February 2021 at a price of £6.26131. 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 this transaction, a total of 175,200 Shares representing 0.43 per cent of the Company's total voting rights will be held in the EBT.

 

 

 

ENDS

 

For further information, please contact:

 

Cohort plc


0118 909 0390

Andrew Thomis, Chief Executive
Simon 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.

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSDKCBDCBKKQBK

Companies

Cohort (CHRT)
UK 100

Latest directors dealings