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Cohort PLC

Cohort PLC - Grant of Share Options under the Sharesave Scheme

RNS Number : 1414Y
Cohort PLC
04 September 2020
 

4 September 2020                                                                                                                                              AIM: CHRT

COHORT PLC (the Company)

Grant of Share Options under the Sharesave Scheme

 

On 4 September 2020, the Company granted options over ordinary shares of 10 pence each in the Company under the Cohort plc 2016 Savings Related Share Option Scheme (SAYE) to Andrew Thomis, Chief Executive, and Simon Walther, Finance Director, as follows:

Director

Number of options granted

Exercise Price (pence)

 

Andrew Thomis

902

670

Simon Walther

376

670

The SAYE options are made pursuant to three-year savings contracts and the exercise price is based on the share price at close of business on 7 August 2020, being the dealing day immediately prior to the date of invitation to apply for options.

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

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

Grant of share options under the Cohort plc 2016 Savings Related Share Option Scheme

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

902 share options at 670 pence

f)

Aggregated Information

-       Price

-       Volume

-       Total

N/A

g)

Date of transaction

4 September 2020

h)

Place of transaction

Outside of a trading venue

 

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

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

Grant of share options under the Cohort plc 2016 Savings Related Share Option Scheme

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

376 share options at 670 pence

f)

Aggregated Information

-       Price

-       Volume

-       Total

N/A

g)

Date of transaction

4 September 2020

h)

Place of transaction

Outside of a trading venue

 

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

Daniel Adams / Chris Baird






MHP Communications Limited


020 3128 8100

Reg Hoare / Pete Lambie



 

NOTES TO EDITORS

Cohort plc (www.cohortplc.com) is the parent company of five 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. 

Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, supplies surveillance, tracking and gunfire control systems for 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 the defence and security markets. 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

SEA delivers products and services into the defence, transport and offshore energy markets alongside performing specialist research, training and product support. 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 900 core staff there and at its other operating company sites across the UK and in Portugal.

 

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