COHORT PLC

("Cohort" or "the Group")

REVISED EXPECTED COMPLETION OF EM SOLUTIONS ACQUISITION

Cohort plc (AIM: CHRT), the independent technology group, announces that, following the announcement on 21 November 2024, the acquisition of the entire issued share capital of EM Solutions Pty Ltd ("EM Solutions"), a subsidiary of Electro Optic Systems Holdings Limited, an Australian public company listed on the Australian Securities Exchange (ASX: EOS), is now expected to complete by end of February 2025. Any change in the net contribution from the acquisition of EM Solutions in the year ending 30 April 2025 is expected to be de-minimis.

-Ends-

For further information please contact:

 TO EDITORS  

Cohort plc (www.cohortplc.com) is the parent company of six innovative, agile and responsive businesses based in the UK, 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 1,400 core staff there and at its other operating company sites across the UK, Germany, and Portugal.

The group reports through two divisions - Communications and Intelligence, and Sensors and Effectors:

Communications and Intelligence ("C&I")

·      EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016.  www.eid.pt

·      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 ("S&E")

·      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 for the defence and transport markets alongside specialist research and training services. Acquired by Cohort in October 2007. www.sea.co.uk