Cohort PLC Director/PDMR Shareholding (0354O)
15 August 2017 - 7:29PM
UK Regulatory
TIDMCHRT
RNS Number : 0354O
Cohort PLC
15 August 2017
15 August 2017
AIM: CHRT
COHORT PLC (the "Company")
Director Share Awards 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 10 August 2017 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 10 August, shares that had vested on 10
August in accordance with the rules of the Restricted Share Scheme
were transferred to the directors of the Company (the "Transfers").
The following table sets out the details of the Grant and
Transfers:
Director Number of Number of Total number of
shares shares vested unvested shares
under this and transferred under the Restricted
award on 10 August Share Scheme following
2017 Grant and Transfers
------------ ------------ ---------------- ------------------------
AS Thomis 18,254 15,028 22,321
------------ ------------ ---------------- ------------------------
SR Walther 14,286 11,979 17,599
------------ ------------ ---------------- ------------------------
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 2017.
Director Shareholdings
Following completion of the transactions detailed above on 10
August 2017, 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 111,521 0.27
------------ ----------------- ---------------
SR Walther 100,659 0.25
------------ ----------------- ---------------
*Not including unvested shares under the Restricted Share
Scheme
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 / Ollie
Hoare
NOTES TO EDITORS
Cohort is the parent company of four innovative, agile and
responsive businesses based in the UK and Portugal, providing a
wide range of services and products for domestic and export
customers in defence and related markets.
MASS is a specialist defence and technology business, focused on
electronic warfare, information systems and cyber security.
www.mass.co.uk
MCL is an expert in the sourcing, design, integration and
support of communications and surveillance technology for the
defence and security markets.
www.marlboroughcomms.com
SEA is an advanced electronic systems and software house
operating in the defence, transport and offshore energy
markets.
www.sea.co.uk
EID designs and manufactures advanced communications systems for
the defence and security markets.
www.eid.pt
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
END
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