25 April 2018
INTERCEDE GROUP plc
(‘Intercede’, the ‘Company’ or the ‘Group’)
Intercede, the software and service company specialising in identity, credential management and secure mobility, was notified on 24 April 2018 that on the same day, Chuck Pol, Non-Executive Chairman of the Company, purchased 62,500 ordinary shares of 1 pence each in the Company (“Shares”), at a price of 29.0 pence per share (the “Purchase”).
Following the Purchase, Mr. Pol’s total beneficial interest in the Company is 133,037 Shares representing approximately 0.26% of the Company’s issued share capital.
Intercede Group plc Tel. +44 (0)1455 558 111
Andrew Walker, Finance Director
finnCap Tel. +44 (0)20 7220 0500
Stuart Andrews, Corporate Finance
Simon Hicks, Corporate Finance
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
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
|1.||Details of the person discharging managerial responsibilities / person closely associated|
|a)||Name||Chuck Pol – Non-Executive Chairman|
|2.||Reason for the Notification|
|a)||Position/status||See 1(a) above|
|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|
|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|
|Description of the Financial instrument, type of instrument||Ordinary shares of 1 pence|
|b)||Nature of the transaction||Purchase of ordinary shares|
|Price(s) and volume(s)
· Aggregated volume
|See 4(c) above
|e)||Date of the transaction||24 April 2018|
|f)||Place of the transaction||London Stock Exchange, AIM Market (XLON)|