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RNS Director/PDMR Shareholding

INTERCEDE GROUP plc

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

Director/PDMR Shareholding

Intercede, a cybersecurity software company specialising in digital identities, was notified on 11 January 2023 that Royston Hoggarth, Chairman of the Group, purchased a total of 31,000 ordinary shares of 1 pence (“Ordinary Shares”) at an average price of 55.56 pence per Ordinary Share.

Following the purchase, Mr Hoggarth has an increased shareholding of 325,214 Ordinary Shares in the Company, representing approximately 0.56% 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 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 software company specialising in digital identities, and its innovative solutions enable organisations to protect themselves against the number one cause of data breach: compromised user credentials.

The Intercede suite of products allows customers to choose the level of security that best fits their needs, from Secure Registration and ID Verification to Password Security Management, One-Time Passwords, FIDO and PKI. Uniquely, Intercede provides the entire set of authentication options from Passwords to PKI, supporting customers on their journey to passwordless and stronger authentication environments. In addition to developing and supporting Intercede software, the Group offers professional services and custom development capabilities as well as managing the world’s largest password breach database.

For over 20 years, global customers in government, aerospace and defence, financial services, healthcare, telecommunications, cloud services and information technology have trusted Intercede solutions and expertise in protecting their mission critical data and systems at the highest level of assurance.

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 Royston Hoggarth
2.            Reason for the Notification
a) Position/status Chairman
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)
55.77p 18,500
55.25p 12,500
d) Aggregated information:

·      Aggregated volumes

·      Prices

 

55.56p

31,000

e) Date of the transaction 11 January 2023
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.