Cohort Regulatory News (CHRT)

24 August 2017

COHORT PLC

Director Shareholdings

Cohort plc (the "Company") hereby notifies the market that on 22 August 2017 Andrew Thomis exercised an approved share option granted under the Cohort plc Company Share Option Plan 2006 on 10 August 2014 over 15,189 ordinary shares of 10 pence each in the Company (Ordinary Shares) with an exercise price of 197.5 pence. Mr Thomis sold 8,000 Ordinary Shares from his nominee account at 375.05 pence to cover the exercise cost. It is the intention Mr Thomis's spouse will be the beneficial owner of these 15,189 Ordinary Shares and that they will be held in her nominee account.

In addition, Mr and Mrs Thomis have each sold 5,334 Ordinary Shares from their respective nominee accounts at 375 pence and ISAs in the names of Mr and Mrs Thomis each subsequently repurchased 5,322 Ordinary Shares each at 375.5 pence per Ordinary Share.

Following these transactions, Mr Thomis's interest and that of his persons closely associated in Ordinary Shares will be 118,686, representing 0.29% of the total issues share capital of the Company.

The Company also notifies the market that on 21 August 2017, Simon Walther exercised an approved share option granted under the Cohort plc Company Share Option Plan 2006 on 10 August 2014 over 15,189 Ordinary Shares with an exercise price of 197.5 pence. Mr Walther sold 8,067 Ordinary Shares at a price of 373 pence to cover the exercise cost. Of the balance of 7,122 Ordinary Shares, Mr and Mrs Walther each transferred 3,561 into their respective nominee accounts.

Following these transactions, Simon Walther's interest and that of his persons closely associated in Ordinary Shares is 107,781, representing 0.26% of the total issued share capital of the Company. 

Ends

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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