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COHORT PLC

Capital/Financing Update Oct 30, 2014

7568_rns_2014-10-30_33683411-39c1-4252-9c9d-4e318cd5b270.html

Capital/Financing Update

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National Storage Mechanism | Additional information

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RNS Number : 6529V

Cohort PLC

30 October 2014

30 October 2014

Cohort plc

("Cohort" or "the Group")

MASS awarded contracts to supply Electronic Warfare Operational Support

Cohort, the independent technology group, is pleased to announce that its subsidiary MASS has been awarded a series of contract renewals to provide Electronic Warfare (EW) Operational Support services to an export customer with a total value of approximately £9 million.  The contracts will see MASS provide expert manpower and EW countermeasure development and design services.  The work will begin immediately and will continuefor approximately two years.

Andrew Thomis, Chief Executive of Cohort plc said:

"The award of these contracts highlights that MASS's specialist skills are in demand.  It underpins MASS's reputation as the UK's leading provider of independent EW Operational Support services and will contribute to the Group's revenue in the current year and beyond.  We look forward to continuing our successful relationship with the customer."

Ends

For further information please contact:

Cohort plc 0118 909 0390
Andy Thomis, Chief Executive
Simon Walther, Finance Director
Investec Bank plc 020 7597 5970
Keith Anderson / Daniel Adams
MHP Communications Limited 020 3128 8100
Reg Hoare / Vicky Watkins / Ollie Hoare

NOTES TO EDITORS

Cohort plc

Cohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through four market-facing subsidiary companies:

MASS - a specialist systems house with considerable experience in the defence market and a focus on electronic warfare operational support and secure information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;

MCL - an expert in sourcing, design and integration of electronic and surveillance technology, as well as field support and training for a range of specialist UK end users including the MOD and other governmental agencies. Based in Surrey, MCL has been part of the Group since July 2014;

SCS - a defence technical advisory business, combining technical expertise with practical experience and domain knowledge. Owned by Cohort since flotation in March 2006;

SEA - an advanced surveillance systems and software house with hardware development capability operating in the defence, transport and offshore energy market sectors. Acquired by Cohort in October 2007.

Cohort was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Berkshire and employs in total around 600 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Devon, Lincolnshire, Somerset, Surrey and Scotland.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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