Transfer of Shares

RNS Number : 7432V
Cohort PLC
11 August 2022
 

One Waterside Drive

Arlington Business Park

Reading

Berks

RG7 4SW

 

 

 

11 August 2022

 

 

 

 

 

COHORT PLC

("Cohort" or "the Group")

Director Shareholdings

 

 

The Company announces that it was notified yesterday that on 10 August 2022, Nick Prest CBE, Chairman of the Company, transferred 495,000 ordinary shares of 10 pence each in the Company ( Shares ) to his spouse for nil consideration.

 

As a result of the above transaction, the beneficial interest in Shares of Nick and his PCAs is unchanged at 1,791,738 representing 4.35% of the total issued share capital of the Company.

 

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

 

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nick Prest CBE

2

Reason for the notification

a)

Position/status

Chairman

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 instrument, type of instrument

Ordinary shares in Cohort plc with a nominal value of 10 pence each

b)

Identification Code

GB00B0YD2B94

c)

Nature of the transaction

Transfer of shares to spouse

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

495,000 shares at nil consideration

f)

Aggregated Information

Price

Volume

Total

N/A

g)

Date of transaction

10 August 2022

h)

Place of transaction

Outside of trading venue

 

 

 

 

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Anthea Prest

2

Reason for the notification

a)

Position/status

PCA of Nick Prest CBE

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 instrument, type of instrument

Ordinary shares in Cohort plc with a nominal value of 10 pence each

b)

Identification Code

GB00B0YD2B94

c)

Nature of the transaction

Transfer of shares from spouse

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

495,000 shares at nil consideration

f)

Aggregated Information

Price

Volume

Total

N/A

g)

Date of transaction

10 August 2022

h)

Place of transaction

Outside of trading venue

 

ENDS

 

For further information please contact:

Cohort plc

0118 909 0390

Andy Thomis, Chief Executive


Simon Walther, Finance Director

Raquel McGrath, Company Secretary




Investec Bank Plc (NOMAD and Broker)

020 7597 5970

Daniel Adams, Christopher Baird




MHP Communications

020 3128 8570

Reg Hoare, Ollie Hoare, Pete Lambie

cohort@mhpc.com

 

 

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. A majority stake was acquired by Cohort plc in December 2018.  www.chess-dynamics.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 over 1,000 core staff there and at its other operating company sites across the UK, Germany and Portugal.

 

 

 

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