COHORT PLC

AGM Information • Sep 28, 2022

National Storage Mechanism | Additional information

RNS Number : 9117A

Cohort PLC

28 September 2022

One Waterside Drive Arlington Business Park Reading Berks RG7 4SW           28 September 2022

COHORT PLC

("Cohort" or "the Group")

Result of AGM

Cohort, the AIM listed independent technology group, announces that at its Annual General Meeting held earlier today all the resolutions contained within the Notice of Meeting dated 27 September 2022 were duly passed by shareholders.

A summary of the votes received for each resolution is as follows:

	For1	% For	Against	% Against	Total		% Total2	Withheld3
Ordinary Resolutions
1: Accounts	30,785,344	100.00%	1,500	0.00%	30,786,844		74.49%	378
2: Dividend	30,787,222	100.00%	0	0.00%	30,787,222		74.49%	0
3: Remuneration Report	20,198,767	79.91%	5,077,457	20.09%	25,276,224		61.16%	5,510,998
4: Re-elect Edward Lowe	30,780,383	99.99%	1,878	0.01%	30,782,261		74.48%	4,961
5: Re-appoint RSM	30,774,844	99.97%	10,368	0.03%	30,785,212		74.49%	2,010
6: Auditor's Remuneration	30,781,911	100.00%	1,500	0.00%	30,783,411		74.48%	3,811
7: Allot shares	30,370,706	99.95%	14,527	0.05%	30,385,233		73.52%	401,989
Special Resolutions
8: General disapplication of pre-emption rights	30,371,213	99.95%	14,327	0.05%	30,385,540	73.52%		401,682
9: Additional disapplication of pre-emption rights	30,371,013	99.95%	14,327	0.05%	30,385,340		73.52%	401,882
10: Purchase own shares	30,766,827	99.94%	19,865	0.06%	30,786,692		74.49%	530
11: General meeting notice	30,776,659	99.97%	8,000	0.03%	30,784,659		74.49%	2,563

Notes:

1.        Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

2.        The total number of shares in issue is 41,329,122.

3.        A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

4.        All percentages are shown to two decimal places.

The Board of Cohort notes the 20.09% of votes cast against Resolution 3.  The Board will continue to engage with all shareholders to gain a better understanding of their concerns.

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 8276
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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