RNS Image

Director PDMR Dealing


(‘Intercede’, the ‘Company’ or the ‘Group’)

Director/PDMR Shareholding

Intercede, the leading specialist in digital identity, credential management and secure mobility, was notified on 13 October 2022 that Nitil Patel, Chief Financial Officer, purchased a total of 15,480 ordinary shares of 1 pence (“Ordinary Shares”) at an average price of 52 pence per Ordinary Share.

Following the purchase, Mr Patel has a shareholding of 15,480 Ordinary Shares in the Company, representing approximately 0.027% of the Company’s issued share capital.

The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further detail.


Intercede Group plc Tel. + 44 (0)1455 558111
Klaas van der Leest CEO
Nitil Patel CFO
finnCap Ltd Tel. + 44 (0)20 7220 0500
Simon Hicks/Fergus Sullivan Corporate Finance
Tim Redfern/Charlotte Sutcliffe ECM

 About Intercede

Intercede is a cybersecurity company specialising in digital identities, derived credentials and access control, enabling digital trust in a mobile world.

Headquartered in the UK, with offices in the US, we believe in a connected world in which people and technology are free to exchange information securely, and complex insecure passwords become a thing of the past.

Our vision is to make the highest levels of cybersecurity available to organisations and consumers alike, solving complexity and scalability issues by managing high volumes of digital credentials.

We have been delivering trusted solutions to high profile customers for over 20 years. Our team of experts has deployed millions of identities to governments, most of the largest aerospace and defence corporations, and major financial services and healthcare organisations, as well as leading telecommunications, cloud services and information technology firms, providing industry-leading employee and customer credential management systems.

For more information visit: www.intercede.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.            Details of the person discharging managerial responsibilities / person closely associated
a) Name Nitil Patel
2.            Reason for the Notification
a) Position/status CFO
b) Initial notification/Amendment Initial notification
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Intercede Group plc
b) LEI 213800VFMNCYCDQ65C90
4.   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the Financial instrument, type of instrument Ordinary Shares of 1 pence
Identification code GB0003287249
b) Nature of the transactions Purchase of ordinary shares
c) Date(s), Price(s) and volume(s) Price(s)      Volume(s)

52.0p            15,480

d) Aggregated information:

·      Aggregated volumes

·      Prices

See 4(c) above
e) Date of the transaction 13 October 2022
f) Place of the transaction London Stock Exchange, AIM Market (XLON)

Trusted by Governments and Enterprises Worldwide

Where protecting systems and information really matters, you will find Intercede.  Whether its citizen data, aerospace and defence systems, high-value financial transactions, intellectual property or air traffic control, we are proud that many leading organisations around the world choose Intercede solutions to protect themselves against data breach, comply with regulations and ensure business continuity.