Cohort PLC EBT Purchase of Shares (2392A)
22 Mai 2023 - 4:15PM
UK Regulatory
TIDMCHRT
RNS Number : 2392A
Cohort PLC
22 May 2023
One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
22 May 2023
COHORT PLC
("Cohort" or "the Group")
EBT PURCHASE OF SHARES
Cohort, the AIM listed independent technology group, received
notification on 22 May 2023 from the trustees of the Cohort
Employee Benefit Trust (the "EBT") that the EBT had purchased a
total of 52,500 ordinary shares of 10 pence each in the Company
("Shares") at a price of GBP4.99285 per Share on 19 May 2023. The
Shares held in the EBT are intended to be used to satisfy awards
made under the Cohort employee share schemes.
The EBT is a discretionary trust for the benefit of employees of
Cohort plc and its subsidiaries. The Executive Directors of Cohort
plc are included in the class of beneficiaries of the EBT and are
deemed to be interested in those shares and the dealings
thereof.
Following this transaction, a total of 904,157 Shares
representing 2.18 per cent of the Company's total voting rights is
held in the EBT.
ENDS
For further information please contact:
Cohort plc 0118 909 0390
Andy Thomis, Chief Executive
Simon Walther, Finance Director
Raquel McGrath, Company Secretary
Investec Bank Plc (NOMAD and Broker) 020 7597 5970
Carlton Nelson, Christopher Baird
MHP 020 3128 8276
Reg Hoare, Ollie Hoare, Hugo Harris cohort@mhpgroup.com
NOTES TO EDITORS
Cohort plc ( www.cohortplc.com ) is the parent company of six
innovative, agile and responsive businesses based in the UK,
Germany and Portugal, providing a wide range of services and
products for domestic and export customers in defence and related
markets.
Chess Dynamics offers surveillance, tracking and fire-control
systems to the defence and security markets. Chess has been part of
the Group since December 2018. www.chess-dynamics.com
EID designs and manufactures advanced communications systems for
naval and military customers. Cohort acquired a
majority stake in June 2016. www.eid.pt
ELAC SONAR supplies advanced sonar systems and underwater
communications to global customers in the naval
marketplace. Acquired by Cohort in December 2020. www.elac-sonar.de
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 and supports technology-based products for the
defence and transport markets alongside specialist research and
training services. 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 over 1,000 core staff there and at
its other operating company sites across the UK, Germany and
Portugal.
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END
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