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COHORT PLC
Director's Dealing • Apr 13, 2022
7568_dirs_2022-04-13_4b87eea5-44ac-4899-918d-9271739f863c.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 1877I
Cohort PLC
13 April 2022
| One Waterside Drive Arlington Business Park Reading Berks RG7 4SW 12 April 2022 |
AIM: CHRT |
COHORT PLC
(the "Company")
Director Shareholdings
On 17 February 2022, the Company published a 'Director Shareholdings' announcement, with RNS reference 0336C. It disclosed, inter alia, that following the payment of the interim dividend on 14 February 2022, dividends received in respect of ordinary shares of 10 pence each in the Company ("Shares") held by Simon Walther, Finance Director were automatically reinvested. The announcement published on 17 February incorrectly showed only the shares reinvested through his ISA account and not his SIP; the table below sets out the shares bought through both his ISA and his SIP:
| Director/PCA | Date | Account | No. of shares | Price per Share |
| Simon Walther | 16/02/2022 | SIP | 10 | 458.2p |
| 16/02/2022 | ISA | 329 | 473.0p |
All other information set out in the announcement published on 17 February 2022 remains unchanged.
In addition to the above correction, the Company announces that it was notified on 11 April 2022 that:
a) in order to effect a "Bed and ISA" transaction, on 11 April 2022, Simon Walther, a person discharging managerial responsibility (PDMR) sold 4,447 Shares at a price of 450 pence per share from his nominee account and then repurchased, into his Individual Savings Account (ISA), 4,437 Shares at a price of 450.7 pence per share.
b) in order to effect a "Bed and ISA" transaction, on 11 April 2022, Philippa T Walther-Caine, a PCA of Simon Walther, on 11 April 2022 sold 4,447 shares at a price of 450 pence per share from her nominee account and then repurchased, into her ISA, 4,433 shares at a price of 451 pence per Share.
| Director/PCA | Date | Account | No. of shares | Price per Share |
| Simon Walther | 11/04/2022 | ISA | 4,437 | 450.7p |
| Phillippa Walther-Caine, PCA of Simon Walther | 11/04/2022 | ISA | 4,433 | 451.0p |
As a result of the above transactions, the beneficial interest in Shares in the Company of Simon Walther and his PCAs is 205,538, representing 0.50% of the total issued share capital of the Company.
The information set out below is provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.
| 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 | - Automatic reinvestment of dividends received on ordinary shares held in an SIP account - Sale of Shares from nominee share account and re-purchase of shares by an ISA account |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | - 10 DRIP shares at 458.2p - Sale of 4,447 Shares at 450 pence; and repurchase of 4,437 shares at 450.7 pence |
| f) | Aggregated Information - Price - Volume - Total |
- 10 shares at 458.2 pence per share - 4,437 shares at 450.7 pence per share Total: 4,447 shares at 450.7 |
| g) | Date of transaction | 14 February 2022 and 11 April 2022 |
| h) | Place of transaction | London Stock Exchange AIM |
| NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Phillippa Walther-Caine |
| 2 | Reason for the notification | |
| a) | Position/status | PCA of Simon Walther |
| 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 | - Sale of Shares from nominee share account and re-purchase of shares by an ISA account |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 4,433 shares at 451 pence per share |
| f) | Aggregated Information - Price - Volume - Total |
N/A |
| g) | Date of transaction | 11 April 2022 |
| h) | Place of transaction | London Stock Exchange AIM |
Ends
For further information please contact:
| Cohort plc | 0118 909 0390 |
| Andy Thomis, Chief Executive | |
| Simon Walther, Finance Director | |
| Investec Bank Plc (NOMAD and Broker) | 020 7597 5970 |
| Daniel Adams, Christopher Baird | |
| MHP Communications | 020 3128 8570 |
| Reg Hoare, Pete Lambie | [email protected] |
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 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 around 1,000 core staff there and at its main operating company sites across the UK, Germany and Portugal.
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