| One Waterside Drive Arlington Business Park Reading Berks RG7 4SW
21 October 2024
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COHORT PLC
("Cohort", "the Company" or "the Group")
PDMR - Purchase of SIP Shares
The Company was notified on 18 October 2024 that, following the annual accumulation period which ended on 30 September 2024, and in accordance with the rules of the Cohort plc Share Incentive Plan (SIP), ordinary shares of 10 pence each in the Company were purchased by the SIP Trustees, on 15 October 2024 to be held in Trust beneficially on behalf of Andrew Thomis, Chief Executive, and Simon Walther, Finance Director:
| Director | Number of Shares Purchased | SIP Purchase Price (pence)
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| Andrew Thomis | 365 | 492p |
| Simon Walther | 365 | 492p |
The SIP purchase price is based on the lower of the share price at the beginning of the accumulation period (1 October 2023), being 492 pence, and the closing share price on the day before the acquisition date, being 888 pence.
Director Shareholdings
Following completion of the transactions detailed above, the interests of Andrew Thomis and Simon Walther and their connected persons in the shares of Cohort plc are as follows:
| Director | Ordinary shares | % of the total issued share capital |
| Andrew Thomis | 263,287 | 0.63% |
| Simon Walther | 237,712 | 0.57% |
| 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 | Purchase of shares to be held in Trust beneficially on behalf of Andrew Thomis under the Cohort plc Share Incentive Plan |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 365 Ordinary Shares at 492 pence |
| f) | Aggregated Information - Price - Volume - Total | N/A |
| g) | Date of transaction | 15 October 2024 |
| 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 and Company Secretary |
| 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 | Purchase of shares to be held in Trust beneficially on behalf of Simon Walther under the Cohort plc Share Incentive Plan |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 365 Ordinary Shares at 492 pence |
| f) | Aggregated Information - Price - Volume - Total | N/A |
| g) | Date of transaction | 15 October 2024 |
| h) | Place of transaction | Outside of a Main Market |
ENDS
For further information please contact:
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Cohort plc |
0118 909 0390 |
| Andrew Thomis, Chief Executive |
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| Simon Walther, Finance Director |
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| Kellie Young, (Interim) Group Head of Marketing and Corporate Communications | |
| Raquel McGrath, Company Secretary | |
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Investec Bank Plc (NOMAD and Broker) |
020 7597 5970 |
| Carlton Nelson, Christopher Baird |
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MHP |
020 3128 8276 |
| Reg Hoare, Ollie Hoare, Hugo Harris | |
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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.
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 1,300 core staff there and at its other operating company sites across the UK, Germany, and Portugal.
The group is split into two segments - Communications and Intelligence, and Sensors and Effectors:
Communications and Intelligence
· EID designs and manufactures advanced communications systems for naval and military customers. 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
Sensors and Effectors
· 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
· 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
· 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
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