| One Waterside Drive Arlington Business Park Reading Berks RG7 4SW
11 August 2025
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COHORT PLC
("Cohort" or "the Company")
Director Shareholdings
Grant of Long-Term Incentive Plan awards
The Company announces that on 4 August 2025 the following awards over ordinary shares of 10 pence each in the Company ("Shares") were granted under the Cohort plc Executive Long Term Incentive Plan ("LTIP") to the following directors and persons discharging managerial responsibilities:
| Director / PDMR | Position | No. of Shares under award |
| | | |
| Andrew Thomis | Chief Executive Officer | 21,268 |
| Simon Walther | Finance Director | 15,799 |
The awards have been granted in the form of nil-cost Shares and will not normally vest before 4 August 2028. Awards may vest on that date, in whole or in part, dependent on performance against organic growth and total growth targets, measured over a three-year period.
Such awards granted to the Executive Directors are additionally subject to a two-year holding period following the vesting date.
The information set out below is provided in accordance with the requirements of Article 19 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 | 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 | Performance-related award of shares under the Cohort plc Executive Long Term Incentive Plan with a vest date of 4 August 2028 |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 21,268 Shares at nil pence per share |
| f) | Aggregated Information - Price - Volume - Total | N/A |
| g) | Date of transaction | 4 August 2025 |
| h) | Place of transaction | Outside of a trading venue |
| 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 | Performance-related award of shares under the Cohort plc Executive Long Term Incentive Plan with a vest date of 4 August 2028 |
| d) | Currency | GBP - British Pound |
| e) | Price(s) and Volume(s) | 15,799 Shares at nil pence per share |
| f) | Aggregated Information - Price - Volume - Total | N/A |
| g) | Date of transaction | 4 August 2025 |
| h) | Place of transaction | Outside of a trading venue |
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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