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RNS – Issue of Equity and Total Voting Rights

INTERCEDE GROUP plc

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

Issue of Equity & Total Voting Rights

Intercede, the leading cybersecurity software company specialising in digital identities, announces that it has applied for 225,000 new ordinary shares of 1p each in the capital of the Company (“Ordinary Shares”) to be admitted to trading on AIM (“Admission”). Admission is expected to occur at 8.00 a.m. on or around 11 July 2024.

The new Ordinary Shares are being issued pursuant to an exercise of options, held under the Company’s Enterprise Management Incentive Plan, by an employee of the Company. The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares.

Issue of Equity

Following Admission, the Company’s issued share capital consists of 58,830,857 Ordinary Shares, each with voting rights. The Company holds 131,645 Ordinary Shares in treasury, therefore the total number of voting rights in the Company is 58,699,212. Accordingly, the figure of 58,699,212 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.

Following Admission, there are total options outstanding over 3,598,205 Ordinary Shares, representing approximately 6.13% of the Company’s issued share capital.

ENQUIRIES

Intercede Group plc Tel. + 44 (0)1455 558111
Klaas van der Leest CEO
Nitil Patel CFO
   
Cavendish Capital Markets Limited Tel. + 44 (0)20 7220 0500
Simon Hicks/Fergus Sullivan Corporate Finance
Tim Redfern/Ondraya Swanson Corporate Broking

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

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.