COHORT PLC

Remuneration Information • Aug 14, 2018

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RNS Number : 7387X

Cohort PLC

14 August 2018

14 August 2018

COHORT PLC (the "Company")

Director Share Awards, Options and Shareholdings

Cohort plc (the "Company") wishes to notify the following changes in the interests of directors of the Company in ordinary shares of 10 pence in relation to share awards and share options.

Grant and Transfer of Share Awards

On 10 August 2018 share awards pursuant to the 2013 Restricted Share Scheme established on 30 July 2013 (the "Restricted Share Scheme") were granted to directors of the Company for nil consideration. The transfer of shares that are due to vest on the 10 August, 15 August and the 20 August 2018 in accordance with the rules of the Restricted Share Scheme were also approved by the Board. The following table sets out the details of the Grant and Transfers:

Director	Number of shares under this award	Number of shares vested and transferred*	Total number of unvested shares under the Restricted Share Scheme following Grant and Transfers*
AS Thomis	18,779	14,889	26,211
SR Walther	14,695	11,753	20,541

*Following the transfer of shares on 20 August 2018.

Full beneficial ownership of Restricted Shares (including voting and dividend rights) will transfer to the recipients in stages over a three-year period from the date of grant.  Recipients may only sell Restricted Shares with the approval of the Chairman of the Remuneration & Appointments Committee while they remain in employment with the Company. Further details regarding the Restricted Shares can be found in the Company's Annual Report and Accounts 2018.

Grant of Share Options

On 10 August 2018 share options pursuant to the Cohort plc 2016 Company Share Option Plan were granted to directors of the Company as follows:

Director	Number of shares under this option	Exercise Price (pence)	Total number of shares under option following grant
AS Thomis - Unapproved	9,846	390.00	75,933
SR Walther - Unapproved	7,704	390.00	35,924

The options can be exercised between 10 August 2021 and 9 August 2028.

Director Shareholdings

Following completion of the transactions detailed above on 20 August 2018, the interests of Mr Thomis and Mr Walther and their connected persons in the shares of Cohort plc will be as follows:

Director	Ordinary shares	% of the total issued share capital
AS Thomis	138,240	0.34%
SR Walther	151,170	0.37%

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
Keith Anderson / Daniel Adams
MHP Communications Limited		020 3128 8100
Reg Hoare / Ollie Hoare / Vera Prokhorenko

NOTES TO EDITORS

Cohort is the parent company of four 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.

MASS is a specialist defence and technology business, focused on electronic warfare, information systems and cyber security.

www.mass.co.uk

MCL is an expert in the sourcing, design, integration and support of communications and surveillance technology for the defence and security markets.

www.marlboroughcomms.com

SEA is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets.

www.sea.co.uk

EID designs and manufactures advanced communications systems for the defence and security markets.

www.eid.pt

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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