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COHORT PLC
Director's Dealing • Sep 1, 2020
7568_dirs_2020-09-01_8210e82f-94f3-4135-a616-0c47fedbb204.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 7334X
Cohort PLC
01 September 2020
1 September 2020 AIM: CHRT
COHORT PLC (the Company)
The Company wishes to notify the following changes in the interests of directors of the Company in ordinary shares of 10 pence in the Company (Shares) in relation to Share awards and Share options.
Grant of Share Options
On 28 August 2020 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) |
| Andrew Thomis, Chief Executive | 8,411 | 620 |
| Simon Walther, Finance Director | 6,581 | 620 |
Exercise of Share Options
The Company announces that Simon Walther exercised 7,660 options under the Company Share Option Plan with an exercise price of 376 pence per Share. 4,664 Shares were immediately sold at a price of 620 pence per Share to pay the exercise price and 2,996 Shares were retained. The transaction took place on 27 August 2020.
Director Shareholdings
Following completion of the transactions detailed above, the interests of Andrew Thomis and Simon Walther and their persons closely associated in the Company are as follows:
| Director | Ordinary Shares | % of the total issued share capital |
| Andrew Thomis | 186,469 | 0.46 |
| Simon Walther | 188,379 | 0.46 |
This announcement, including the notification below, is made in accordance with the requirements of the EU 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 | Exercise of options under the Company Share Option Plan and sale of shares to cover the exercise price. |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 7,660 CSOP options exercised with an exercise price of 376 pence per share: - 4,664 shares sold at 620 pence per share. - 2,996 shares transferred to share certificate. |
| f) | Aggregated Information - Price - Volume - Total |
N/A |
| g) | Date of transaction | 27 August 2020 |
| h) | Place of transaction | London Stock Exchange |
| NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Andrew Thomis |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive |
| 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 | Grant of share options under the Cohort plc 2016 Company Share Option Plan |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 8,411 share options at 620 pence |
| f) | Aggregated Information - Price - Volume - Total |
N/A |
| g) | Date of transaction | 28 August 2020 |
| h) | Place of transaction | Outside of a Main Market |
| 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 | Grant of share options under the Cohort plc 2016 Company Share Option Plan |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 6,581 share options at 620 pence |
| f) | Aggregated Information - Price - Volume - Total |
N/A |
| g) | Date of transaction | 28 August 2020 |
| h) | Place of transaction | Outside of a Main Market |
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 | |
| Daniel Adams / Chris Baird | ||
| MHP Communications Limited | 020 3128 8100 | |
| Reg Hoare / Pete Lambie |
NOTES TO EDITORS
Cohort plc (www.cohortplc.com) is the parent company of five 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.
Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, supplies surveillance, tracking and gunfire control systems for the defence and security markets. It was acquired by Cohort plc in December 2018. www.chess-dynamics.com & www.vision4ce.com
EID designs and manufactures advanced communications systems for the defence and security markets. Cohort acquired a majority stake in June 2016. www.eid.pt
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 products and services into the defence, transport and offshore energy markets alongside performing specialist research, training and product support. 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 900 core staff there and at its other operating company sites across the UK and in Portugal.
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