Revised Completion Of Acquisition
EM Solutions acquisition completion revised to end of February 2025 with de-minimis impact on FY25.
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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.
| Investec Bank Plc (NOMAD and Broker) | 020 7597 5970 |
| Carlton Nelson, Christopher Baird | |
| MHP | 07817 458804 |
| Reg Hoare, Ollie Hoare, Hugo Harris | cohort@mhpgroup.com |
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")
Sensors and Effectors ("S&E")
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.