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.
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 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.