EBT Purchase

RNS Number : 5369B

Cohort PLC

10 January 2018

 

10 January 2018

COHORT PLC

("Cohort")

EBT Purchase  

The Company was notified on 2 January 2018 by the trustees of the Cohort Employee Benefit Trust ("EBT") that they purchased 167,500 ordinary shares of 10 pence each in the Company on 27 December 2017 at a price of 324.55 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 351,443 ordinary shares, representing 0.86 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 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

 

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