COHORT PLC

Remuneration Information • Aug 16, 2016

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RNS Number : 3407H

Cohort PLC

16 August 2016

16 August 2016

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 15 August 2016 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. Also on 15 August, shares that had vested on 2 August, 11 August and 15 August in accordance with the rules of the Restricted Share Scheme were transferred to the directors of the Company (the "Transfers"). The transfer of shares that are due to vest on 20 August in accordance with the rules of the Restricted Share Scheme was also approved by the Board on 15 August. 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	12,007	13,491	19,095
SR Walther	9,515	11,157	15,294

*Following the transfer of shares on 20 August 2016

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 2016.

Grant of Share Options

On 15 August 2016 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	12,471	340.0	73,765
SR Walther - Unapproved	9,882	340.0	213,294

The options can be exercised between 15 August 2019 and 14 August 2026.

Director Shareholdings

Following completion of the transactions detailed above on 20 August 2016, 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	112,007	0.27
SR Walther	97,554	0.24

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 / Jamie Ricketts / 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 five market-facing subsidiary companies:

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

MCL - an expert in sourcing, design and integration of surveillance and other electronic systems, as well as field support and training for the UK MOD and other government agencies. Based in Surrey, MCL has been part of the Group since July 2014;

SCS - a defence technical advisory business, providing a range of services, including independent technical evaluation of military aircraft safety, and design and delivery of large and small scale military training exercises. Owned by Cohort since flotation in March 2006;

SEA - an advanced systems and software business operating in the defence (naval systems, simulation, training and technology research), transport and offshore energy market sectors. Acquired by Cohort in October 2007.

EID - a Portugal based supplier of advanced electronics, communications and command and control products and systems for the global defence market, in which Cohort acquired a majority stake in June 2016.

Cohort 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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