| One Waterside Drive Arlington Business Park Reading Berks RG7 4SW
24 April 2025
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COHORT PLC
("Cohort", "the Company" or "the Group")
Director Shareholdings
The Company announces that it was notified on 24 April 2025 that:
a) in order to effect a "Bed and ISA" transaction, on 23 April 2025, Simon Walther, a person discharging managerial responsibility (PDMR) sold 350 Shares at a price of 1275.2 pence per share from his nominee account and then repurchased, into his Individual Savings Account (ISA), 347 Shares at a price of 1280.5 pence per share.
b) in order to effect a "Bed and ISA" transaction, on 23 April 2025, Phillippa Walther-Caine, a PCA of Simon Walther, sold 350 shares at a price of 1274.9 pence per share from her nominee account and then repurchased into her ISA, 347 shares at a price of 1278.9 pence per Share.
As a result of the above transactions, the beneficial interest in Shares in the Company of Simon Walther and his PCAs is presented in the table below.
| Name | Number of Shares held | % of the total issued share capital of the Company |
| Simon Walther
| 238,261 | 0.51% |
The information set out below is provided in accordance with the requirements of Article 19 of the 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 | Sale of Shares from nominee share account and re-purchase of shares into an ISA account |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | Sale of 350 Shares at 1275.2 pence per share and repurchase of 347 Shares at 1280.5 pence per share |
| f) | Aggregated Information - Price - Volume - Total | N/A |
| g) | Date of transaction | 23 April 2025 |
| h) | Place of transaction | London Stock Exchange AIM |
| NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Phillippa Walther-Caine |
| 2 | Reason for the notification | |
| a) | Position/status | PCA of Simon Walther |
| 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 | Sale of Shares from nominee share account and re-purchase of shares into an ISA account |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | Sale of 350 Shares at 1274.9 pence per share and repurchase of 347 Shares at 1278.9 pence per share |
| f) | Aggregated Information - Price - Volume - Total | N/A |
| g) | Date of transaction | 23 April 2025 |
| h) | Place of transaction | London Stock Exchange AIM |
ENDS
For further information please contact:
| Cohort plc | 0118 909 0390 |
| Andrew Thomis, Chief Executive |
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| Simon Walther, Finance Director |
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| Raquel McGrath, Company Secretary and General Counsel
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| Investec Bank Plc (Financial Adviser, Nominated Adviser, and Corporate Broker) | 020 7597 5970 |
| Christopher Baird, Carlton Nelson, Charlotte Young
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| MHP | 07817 458804 |
| Reg Hoare, Ollie Hoare, Hugo Harris |
NOTES TO EDITORS
Cohort plc (www.Cohortplc.com) is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, 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 1,500 core staff there and at its other operating company sites across the UK, Australia, 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
· EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers. It also provides high-end broadband radio transceivers and other RF Subsystems such as low noise receivers and solid-state high-power transmitters for defence and commercial customers. Acquired by Cohort in January 2025. www.emsolutions.com.au
· 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 primarily for naval defence customers alongside specialist research and training services. Acquired by Cohort in October 2007. www.sea.co.uk
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