COHORT PLC

Capital/Financing Update • Nov 20, 2018

National Storage Mechanism | Additional information

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RNS Number : 8265H

Cohort PLC

20 November 2018

20 November 2018

Cohort plc

("Cohort" or "the Group")

Contract Announcement

SEA awarded £5m contract to support maritime equipment

Cohort, the independent technology group, is pleased to announce that its wholly-owned subsidiary SEA has been awarded a follow-on 5-year contract by an existing customer worth £5.4m to support maritime equipment for the Royal Navy. 

Andy Thomis, Chief Executive of Cohort, said:

"This latest contract award demonstrates our expertise in supporting maritime equipment and builds on our relationship with an existing client. Alongside other recent wins, this contract enhances the visibility of future Group revenue."

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	020 3128 8771
Reg Hoare / Ollie Hoare / Luke Briggs

NOTES TO EDITORS

Cohort plc (www.cohortplc.com) 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.  Acquired by Cohort in August 2006. www.mass.co.uk

MCL - an expert in sourcing, design and integration of communications and surveillance technology, as well as support and training 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 is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets. Acquired by Cohort in October 2007.

www.sea.co.uk

EID designs and manufactures advanced communications systems for the defence and security markets. Cohort acquired a majority stake in June 2016.  www.eid.pt

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Berkshire and employs in total around 800 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Devon, Lincolnshire, Somerset, Surrey, Scotland and Portugal.

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