PDMR – Purchase of SIP Shares

Cohort PLC

16 October 2026

 

One Waterside Drive Arlington Business Park Reading Berks RG7 4SW 16 October 2026

COHORT PLC

("Cohort" or “the Company”)

PDMR – Purchase of SIP Shares

The Company was notified on 15 October 2026 that, following the annual accumulation period which ended on 30 September 2026, and in accordance with the rules of the Cohort plc Share Incentive Plan (SIP), ordinary shares of 10 pence each in the Company were purchased by the SIP Trustees, on 15 October 2026 to be held in Trust beneficially on behalf of Andrew Thomis, Chief Executive, and Simon Walther, Finance Director. 

The SIP purchase price is based on the lower of the share price at the beginning of the accumulation period (1 October 2025), being 1432 pence, and the closing share price on the day before the acquisition date, being 1260 pence.

In addition, under the terms of the SIP invitation in 2025, free matching shares were granted to all SIP participants at a rate of 1:1.

Director	Number of Shares Purchased by SIP Trustees	SIP Purchase Price (pence)	Free Matching Shares	Total Shares
Andrew Thomis	142	1260p	142	284
Simon Walther	142	1260p	142	284

Director Shareholdings

Following completion of the transactions detailed above, the interests of Andrew Thomis and Simon Walther and their connected persons in the shares of Cohort plc are as follows:

Director	Ordinary shares	% of the total issued share capital
Andrew Thomis	216,379	0.46%
Simon Walther	176,982	0.37%

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Thomis
2	Reason for the notification
a)	Position/status	Chief Executive
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	Purchase of shares by SIP Trustees to be held in Trust beneficially on behalf of Andrew Thomis under the Cohort plc Share Incentive Plan and free matching shares at a rate of 1:1
d)	Currency	GBP – British Pound
e)	Price(s) and Volume(s)	142 Ordinary Shares at 1260 pence 142 Ordinary Shares at nil cost
f)	Aggregated Information -           Price -           Volume -           Total	630 pence 284 £1789.20
g)	Date of transaction	15 October 2026
h)	Place of transaction	Outside of a Main Market

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Walther
2	Reason for the notification
a)	Position/status	Finance Director and Company Secretary
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	Purchase of shares by SIP Trustees to be held in Trust beneficially on behalf of Simon Walther under the Cohort plc Share Incentive Plan and free matching shares at a rate of 1:1
d)	Currency	GBP – British Pound
e)	Price(s) and Volume(s)	142 Ordinary Shares at 1260 pence 142 Ordinary Shares at nil cost
f)	Aggregated Information -           Price -           Volume -           Total	630 pence 284 £1789.20
g)	Date of transaction	15 October 2026
h)	Place of transaction	Outside of a Main Market

ENDS

For further information contact:

Cohort plc         0118 9090390

Andrew Thomis, Chief Executive

Simon Walther, Finance Director

Raquel McGrath, General Counsel and Company Secretary

Kellie Young, Group Head of Investor Communications

Investec Bank plc (NOMAD and Broker)     0207 597 5970

Carlton Nelson, Christopher Baird

MHP          0203 128 8276

Reg Hoare, Ollie Hoare, Hugo Harris      [e-mail]

NOTES TO EDITORS  

Cohort plc (www.cohortplc.com) is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany, Italy, Canada 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 1,700 core staff there and at its other operating company sites.

The Group is split into two divisions: Communications and Intelligence, and Sensors and Effectors:

Communications and Intelligence ("C&I")

·      EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016.  www.eid.pt

·      EM Solutions designs, assembles, tests, and supports advanced mobile satellite communications terminals for naval and other customers. Acquired by Cohort in January 2025. www.emsolutions.com.au

·      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 ("S&E")

·      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 market alongside specialist research and training services. Acquired by Cohort in October 2007. www.sea.co.uk

 

END