Business
Employee Benefit Trust Purcha
Employee Benefit Trust Purcha.
About this update from Cohort Plc
[{"type":"text","content":"\n RNS Number : 1431X Cohort PLC 01 December 2010 \n \n\n30 November 2010 AIM: CHRT\nPRESS RELEASE\nCOHORT PLC (\"Cohort\")\nEBT Purchase\nThe Company was notified yesterday by the trustees of the Cohort Employee Benefit Trust (\"EBT\") that the EBT purchased a total of 300,000 ordinary shares of 10 pence each in the Company on 29 November 2010 at a price of 83.0 pence per share. The shares held in the EBT are intended to be used to satisfy future awards made under the Cohort plc 2006 Share Option Scheme and the Cohort PLC Savings Related Share Option Scheme.\n \nThe EBT is a discretionary trust for the benefit of employees of Cohort plc and its subsidiaries and is registered in the name of Cohort EBT Trustee Ltd. The Executive Directors of Cohort plc are included as potential beneficiaries under the EBT and are deemed to be interested in those shares and the dealings thereof.\n \nFollowing these transactions, the EBT holds 361,446 ordinary shares representing 0.89 per cent of the Company's total voting rights.\nEnds\nFor further information, please contact\n\n\n\n\nCohort plc\n \n\n\nAndrew Thomis, Chief Executive\nSimon Walther, Finance Director\n\n\n+44 (0)118 909 0390\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInvestec\n\n\nKeith Anderson, Daniel Adams\n\n\n+44 (0)20 7597 5970\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMHP Communications\n\n\nReg Hoare, Vicky Watkins\n\n\n+44 (0)20 3128 8100\n\n\n\n\n \n \nCohort plc (www.cohortplc.com) &nbs...