26th Oct 2007 15:04
Cohort PLC26 October 2007 Cohort plc 26 October 2007 Update on Acquisition of SEA (Group) Ltd and Board Appointment Cohort plc ("Cohort" or the "Company") announces that the offer for SEA (Group)Ltd ("SEA"), which became wholly unconditional on 17 October 2007, has beenextended and will remain open for acceptance until 1.00p.m. on 7 November 2007(unless extended by way of a further announcement). At 1:00pm on 24 October 2007 valid acceptances of the offer have been receivedin respect of 99.0 per cent. of the existing issued share capital of SEA. Inrespect of acceptances received between 1:00pm on 15 October 2007 and 1:00pm on24 October 2007, the Company has applied for a further 217,293 shares to beadmitted to the AIM market of the London Stock Exchange. It is expected thatthese shares will be admitted to AIM on 1 November 2007. Cohort is also pleased to announce that Ian Peter Dale-Staples (54), ChiefExecutive of SEA, has been appointed to the board of Cohort with effect from 25October 2007. Mr Dale-Staples has a beneficial shareholding in Cohort of 2,063,089 ordinaryshares representing 5.1 per cent. of the issued share capital of the Company. Mr Dale-Staples is currently a director of: SEA (Group) LtdSystems Engineering & Assessment LtdBeckington Castle LtdSubmetrix LtdJRM Software LtdSEA (Advanced Products) LtdResidue Detection LtdSulis Innovations Ltd. Mr. Dale-Staples has no other previous directorships in the past 5 years. There is no other information which is required to be disclosed under paragraph(g) of Schedule 2 of the AIM Rules of the London Stock Exchange. Enquiries Cohort plc 01491 843 150Stanley Carter, Chief ExecutiveSimon Walther, Finance Director Investec Bank (UK) Limited 020 7597 5970Michael Ansell Hogarth Partnership 020 7357 9477Julian WalkerAndrew Jaques This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Cohort