Investor news article

RNS – Director/PDMR Shareholding

Intercede Group plc

(“Intercede” or the “Company”)

Director/PDMR Shareholding

Intercede, the leading specialist in digital identity, credential management and secure mobility, was notified on 5 April 2022 that Klaas van der Leest, CEO of the Company, purchased a total of 104,700 ordinary shares of 1 pence (“Ordinary Shares”) at an average price of 48.1 pence per Ordinary Share.

Following this transaction, Klaas van der Leest is beneficially interested in a total of 168,106 Ordinary Shares, representing approximately 0.3% 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.

ENQUIRIES

 

Intercede Group plc Tel.      +44 (0)1455 558 111
Andrew Walker, Finance Director  
 
finnCap 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 organizations 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 organizations, 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

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“MAR”), and is disclosed in accordance with the company’s obligations under Article 17 of MAR.

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 Klaas van der Leest
2.            Reason for the Notification
a) Position/status CEO

 

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)
44.45p 10,000
45.4p 10,000
45.9p 10,000
47.4667p 15,000
49p 25,000
50.6p 10,000
50p 15,000
50p 9,700
d) Aggregated information:

·      Aggregated volumes

·      Prices

Purchase of 104,700 ordinary shares at an average price of 48.1p per ordinary share

 

e) Dates of the transaction 5 April 2022
f) Place of the transaction London Stock Exchange, AIM Market (XLON)

 

Trusted By Governments and Large Enterprises Worldwide

Where protecting systems and information really matters, you will find MyID. 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 MyID to protect themselves against data breach and ensure business continuity.