Cohort PLC Directorate Change (1204E)
July 02 2019 - 1:00AM
UK Regulatory
TIDMCHRT
RNS Number : 1204E
Cohort PLC
02 July 2019
2 July 2019
COHORT PLC ("Cohort")
NEW NON-EXECUTIVE DIRECTOR APPOINTED
Cohort, the independent technology group, is pleased to announce
the appointment of Mr Edward ("Ed") Lowe as a new non-executive
director with effect from yesterday, 1 July 2019.
Mr Lowe was most recently Chief Operating Officer at Thales UK,
a subsidiary of Thales Group, the global technology business
operating across aerospace, defence, digital security, transport
and space. He started his career at Racal Electronics in 1980 and,
over a twenty-year period, undertook a variety of commercial, sales
and managerial roles. In 2000, he was appointed Vice President
within Thales UK with responsibility for the commercial, sales and
strategy functions. In 2005 he was appointed Managing Director of
the Thales UK naval activities and led the international business
line for naval platforms and services. In this role Ed sat on the
Board of the Aircraft Carrier Alliance, the body responsible for
delivering the Royal Navy's two Queen Elizabeth class aircraft
carriers. In 2010 he was appointed Chief Operating Officer for
Thales UK with operational responsibility for all Thales UK
activities. Mr Lowe is a graduate of Reading University.
Consequent to the appointment, Cohort is making a number of
changes to the composition of its Board committees. Mr Lowe is
joining the Remuneration & Appointments Committee as Chairman,
and the Audit committee. Sir Robert Walmsley will step down from
both committees and from his role as Senior Independent Director
(SID) with effect from the publication of the Group's final results
on 23 July 2019 but will remain a non-executive director of Cohort.
Jeff Perrin will become the SID at that time.
Ed Lowe said:
"I am delighted to join Cohort at this exciting time in its
development; I have admired the Group and the excellent work it
does for a number of years and look forward to contributing to its
continued success."
Nick Prest, Chairman of Cohort said:
"We are pleased to appoint Ed Lowe to our Board; he brings a
strong operational track record at a major global defence
technology business with valuable experience in many of our key
areas of operation. We look forward to his contribution as we
continue to grow Cohort, organically and by acquisition."
Mr Edward Anthony Noel Lowe, 65, is or has been a director in
the last five years of the companies listed below. Other than as
set out in this announcement, there are no further disclosures
required under Schedule Two, paragraph (g) of the AIM Rules for
Companies.
Current Directorships Previous Directorships
GVL Property Ltd Aquila Air Traffic Management
Services Limited
Thales Naval Limited
Thales UK Limited
Thales Underwater Systems Limited
-----------------------------------
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
Daniel Adams / Christopher Baird
/ Richard Short
MHP Communications Limited 020 3128 8100
Reg Hoare / Ollie Hoare / Luke
Briggs
NOTES TO EDITORS
Cohort plc (www.cohortplc.com) is the parent company of five
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.
Chess Technologies, through its operating businesses Chess
Dynamics and Vision4ce, offers systems and technologies for
detecting, tracking, classifying and disrupting naval, land and air
threats. It was acquired by Cohort plc in December 2018.
www.chess-dynamics.com & www.vision4ce.com
EID designs and manufactures advanced communications systems for
the defence and security markets. Cohort acquired a majority stake
in June 2016. www.eid.pt
MASS is a specialist defence and technology business, focused on
electronic warfare, information systems and cyber security.
Acquired by Cohort in August 2006. www.mass.co.uk
MCL - an expert in sourcing, design and integration of
communications and surveillance technology, as well as support and
training for UK end users including the MOD and other government
agencies. MCL has been part of the Group since July 2014.
www.marlboroughcomms.com
SEA is an advanced electronic systems and software house
operating in the defence, transport and offshore energy markets.
Acquired by Cohort in October 2007. www.sea.co.uk
Cohort (AIM: CHRT) was admitted to London's Alternative
Investment Market in March 2006. It has its headquarters in
Reading, Berkshire and employs in total around 900 core staff there
and at its other operating company sites across the UK and in
Portugal.
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END
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