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Cohort plc (CHRT) Ordinary 10p

Sell:990.00p Buy:1,000.00p 0 Change: 86.00p (9.41%)
FTSE AIM 100:0.78%
Market closed |  Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
ABB

Cohort plc Ordinary 10p

Type:
ABB
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 21 Nov 2024)

What is happening?


Cohort plc have announced their intention to raise up to £41m via a Placing (for Institutional Investors) and a Retail Offer (for Individual Investors).


Cohort plc have decided not to issue a Prospectus as part of the fundraising. This means that the Retail Offer has been limited to the Sterling equivalent of €8 million and may only be open for a number of hours. It also means that information relating to the fundraising is limited to the Company announcement.


• Applications are due to close at 11:30am on Thursday 21 November. Due to the nature of the fundraising, applications can close at any time and without prior warning.


• Shares are being offered at a fixed price of 875 pence.


• The minimum application for the Retail Offer is £250.


• By applying for shares in the Retail Offer you are deemed to have read, understood and agreed to the HL Retail Offer Risk Warnings, Terms and Conditions and the Company Announcement.


• Hargreaves Lansdown will receive 0.5% commission from the Issuer as part of the Offer.


• The Retail Offer is capped at a maximum of £1 million, meaning that if the total value of applications received by the Issuer exceeds this figure, a scaling back policy is likely to be applied.


What are my options?


Option 1 – Do Nothing. If you do not return an election by the deadline of 11:30am on Thursday 21 November, the Offer will lapse.


Option 2 – You can choose to buy new Shares at 875 pence. If you wish to submit an order outside of the product you currently hold your shares, please leave a note in the comments section of the application.


When do I have to decide by?

 

Any instruction to participate in the Retail Offer must be received by 11:30am on Thursday 21 November. If no instruction is received the Offer will lapse.

 

Before submitting an instruction, you should carefully read the Company Announcement, HL Retail Offer Risk Warnings & Terms and Conditions which are attached to the Retail Offer notification. You can find this in the Secure Messaging Centre of your online account. By submitting an instruction, you are deemed to have read and understood these documents as well as agreed to any terms within.

What happens after I apply?


If you apply for shares you will receive two Secure Messages. The first will confirm your application and be sent shortly after 12pm on Thursday 21 November. The second will confirm how many shares you have been allocated; this will be sent on Friday 22 November.


You can view your application in the Pending Orders tab of your online account from midday


Your new shares will be credited to your account on Monday 25 November. This may be delayed in the event the company does not deliver your shares to us by this time.


To assist the Company during the allocation process, we may be required to disclose the number of Cohort plc shares you hold with Hargreaves Lansdown. We will do this by calculating the shares held in your Hargreaves Lansdown account at the close of business on Wednesday 20 November.


It should be noted that a subscription for the Retail Shares and any investment in the Company carry a number of risks. Investors should make their own investigations into the merits of an investment in the Company. This message is not personal advice and is a summary of the Cohort plc announcement.


If you require any assistance, please contact our Helpdesk on 0117 900 9000.

×
Sell:990.00p
Buy:1,000.00p
Change: 86.00p (9.41%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
ABB

Cohort plc Ordinary 10p

Type:
ABB
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 21 Nov 2024)

What is happening?


Cohort plc have announced their intention to raise up to £41m via a Placing (for Institutional Investors) and a Retail Offer (for Individual Investors).


Cohort plc have decided not to issue a Prospectus as part of the fundraising. This means that the Retail Offer has been limited to the Sterling equivalent of €8 million and may only be open for a number of hours. It also means that information relating to the fundraising is limited to the Company announcement.


• Applications are due to close at 11:30am on Thursday 21 November. Due to the nature of the fundraising, applications can close at any time and without prior warning.


• Shares are being offered at a fixed price of 875 pence.


• The minimum application for the Retail Offer is £250.


• By applying for shares in the Retail Offer you are deemed to have read, understood and agreed to the HL Retail Offer Risk Warnings, Terms and Conditions and the Company Announcement.


• Hargreaves Lansdown will receive 0.5% commission from the Issuer as part of the Offer.


• The Retail Offer is capped at a maximum of £1 million, meaning that if the total value of applications received by the Issuer exceeds this figure, a scaling back policy is likely to be applied.


What are my options?


Option 1 – Do Nothing. If you do not return an election by the deadline of 11:30am on Thursday 21 November, the Offer will lapse.


Option 2 – You can choose to buy new Shares at 875 pence. If you wish to submit an order outside of the product you currently hold your shares, please leave a note in the comments section of the application.


When do I have to decide by?

 

Any instruction to participate in the Retail Offer must be received by 11:30am on Thursday 21 November. If no instruction is received the Offer will lapse.

 

Before submitting an instruction, you should carefully read the Company Announcement, HL Retail Offer Risk Warnings & Terms and Conditions which are attached to the Retail Offer notification. You can find this in the Secure Messaging Centre of your online account. By submitting an instruction, you are deemed to have read and understood these documents as well as agreed to any terms within.

What happens after I apply?


If you apply for shares you will receive two Secure Messages. The first will confirm your application and be sent shortly after 12pm on Thursday 21 November. The second will confirm how many shares you have been allocated; this will be sent on Friday 22 November.


You can view your application in the Pending Orders tab of your online account from midday


Your new shares will be credited to your account on Monday 25 November. This may be delayed in the event the company does not deliver your shares to us by this time.


To assist the Company during the allocation process, we may be required to disclose the number of Cohort plc shares you hold with Hargreaves Lansdown. We will do this by calculating the shares held in your Hargreaves Lansdown account at the close of business on Wednesday 20 November.


It should be noted that a subscription for the Retail Shares and any investment in the Company carry a number of risks. Investors should make their own investigations into the merits of an investment in the Company. This message is not personal advice and is a summary of the Cohort plc announcement.


If you require any assistance, please contact our Helpdesk on 0117 900 9000.

×
Sell:990.00p
Buy:1,000.00p
Change: 86.00p (9.41%)
Market closed |  Prices as at close on 21 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
ABB

Cohort plc Ordinary 10p

Type:
ABB
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 21 Nov 2024)

What is happening?


Cohort plc have announced their intention to raise up to £41m via a Placing (for Institutional Investors) and a Retail Offer (for Individual Investors).


Cohort plc have decided not to issue a Prospectus as part of the fundraising. This means that the Retail Offer has been limited to the Sterling equivalent of €8 million and may only be open for a number of hours. It also means that information relating to the fundraising is limited to the Company announcement.


• Applications are due to close at 11:30am on Thursday 21 November. Due to the nature of the fundraising, applications can close at any time and without prior warning.


• Shares are being offered at a fixed price of 875 pence.


• The minimum application for the Retail Offer is £250.


• By applying for shares in the Retail Offer you are deemed to have read, understood and agreed to the HL Retail Offer Risk Warnings, Terms and Conditions and the Company Announcement.


• Hargreaves Lansdown will receive 0.5% commission from the Issuer as part of the Offer.


• The Retail Offer is capped at a maximum of £1 million, meaning that if the total value of applications received by the Issuer exceeds this figure, a scaling back policy is likely to be applied.


What are my options?


Option 1 – Do Nothing. If you do not return an election by the deadline of 11:30am on Thursday 21 November, the Offer will lapse.


Option 2 – You can choose to buy new Shares at 875 pence. If you wish to submit an order outside of the product you currently hold your shares, please leave a note in the comments section of the application.


When do I have to decide by?

 

Any instruction to participate in the Retail Offer must be received by 11:30am on Thursday 21 November. If no instruction is received the Offer will lapse.

 

Before submitting an instruction, you should carefully read the Company Announcement, HL Retail Offer Risk Warnings & Terms and Conditions which are attached to the Retail Offer notification. You can find this in the Secure Messaging Centre of your online account. By submitting an instruction, you are deemed to have read and understood these documents as well as agreed to any terms within.

What happens after I apply?


If you apply for shares you will receive two Secure Messages. The first will confirm your application and be sent shortly after 12pm on Thursday 21 November. The second will confirm how many shares you have been allocated; this will be sent on Friday 22 November.


You can view your application in the Pending Orders tab of your online account from midday


Your new shares will be credited to your account on Monday 25 November. This may be delayed in the event the company does not deliver your shares to us by this time.


To assist the Company during the allocation process, we may be required to disclose the number of Cohort plc shares you hold with Hargreaves Lansdown. We will do this by calculating the shares held in your Hargreaves Lansdown account at the close of business on Wednesday 20 November.


It should be noted that a subscription for the Retail Shares and any investment in the Company carry a number of risks. Investors should make their own investigations into the merits of an investment in the Company. This message is not personal advice and is a summary of the Cohort plc announcement.


If you require any assistance, please contact our Helpdesk on 0117 900 9000.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
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Business summary

Cohort plc is a holding company, which provides a range of services and products for domestic and export customers in defense and related markets. The Company operates through two segments: Communications and Intelligence and Sensors and Effectors. The Communications and Intelligence division comprises the subsidiary businesses which provide electronic hardware and software solutions used for collecting, processing, and communicating information securely. It also includes the provision of domain expertise, training, and support services. The Sensors and Effectors division comprises of Chess Dynamics, SEA and ELAC SONAR, which provides sensors, including sonar, radar and visual, for land and sea domains. It also provides effectors for surface ships and land-based users to protect against sea, air and land-based threats including submarine, missile, and drone attacks. Its markets include Combat systems, digital services, training and simulation, intelligent transport systems and others.

Contact details

Address:
Arlington Business Park, Theale
READING
RG7 4SW
United Kingdom
Telephone:
+44 (0118) 9090390
Website:
https://www.cohortplc.com/

Important dates

Future events
There are no future events available.
Past events
Final dividend payment date 02 October 2024 02/10/24
AGM 24 September 2024 24/09/24
Final ex-dividend date 22 August 2024 22/08/24
Annual report 21 August 2024 21/08/24
General meeting 13 August 2024 13/08/24
Final results 17 July 2024 17/07/24
AGM 23 May 2024 23/05/24
Trading Announcement 23 May 2024 23/05/24
Interim dividend payment date 13 February 2024 13/02/24
Interim results 15 January 2024 15/01/24
Interim ex-dividend date 04 January 2024 04/01/24
Interim results 13 December 2023 13/12/23

General stock information

EPIC:
CHRT
ISIN:
GB00B0YD2B94
Market cap:
£404.96 million
Shares in issue:
40.50 million
Sector:
Aerospace & Defense
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
FTSE AIM 100,FTSE AIM All Share

Key personnel

  • Andrew Thomis
    Chief Executive, Executive Director
  • Simon Walther
    Finance Director, Executive Director
  • Raquel Mcgrath
    General Counsel, Company Secretary
  • Martin Bennett
    Managing Director - EID
  • Richard Flitton
    Managing Director - SEA
  • Chris Stanley
    Managing Director - MASS
  • Bernd Szukay
    Managing Director - ELAC SONAR
  • David Tuddenham
    Group Managing Director - Chess Technologies

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.