RNS – Result of AGM

Intercede Group PLC

(“Intercede”, “the Company” or the “Group”)

Result of AGM

Intercede, the leading specialist in digital identity, credential management and secure mobility, is pleased to announce that at its Annual General Meeting held early today, all resolutions were duly passed. Resolutions 1 to 9 were passed as ordinary resolutions and resolutions 10 to 13 were passed as special resolutions.

Ordinary Business	% Voted Yes
1.     To receive and to adopt the Company’s financial statements for the year ended 31 March 2023 together with the reports of the Directors and the auditors.	86.88
2.     To re-elect R Hoggarth as a director.	95.67
3.     To re-elect J Tredoux as a director.	83.09
4.     To re-elect K van der Leest as a director.	99.92
5.     To re-elect N Patel as a director.	99.92
6.     To re-elect T Whitley as a director.	99.92
7.     To appoint John Linwood as a director.	99.92
8.     To appoint Cooper Parry Ltd to hold office as auditors until the next Annual General Meeting, and to authorise the Directors to determine the remuneration of the auditors.	100.00
Special Business
9.     To renew the authority given to the Directors to generally and unconditionally allot new securities in accordance with section 551 of the Companies Act 2006 (the “Act“), within the parameters set out in the Notice (as defined in the Notes below).	99.92
10.   That the Directors be given power (subject to the passing of resolution 9) (i) to allot for cash equity securities (as defined in section 560(1) of the Act for the purposes of section 561 of the Act) and (ii) to allot equity securities (as defined in section 560(2) of the Act, in either case as if section 561(1) of the Act did not apply to the allotment, within the parameters set out in the Notice.	99.83
11.  That the Directors be given power (subject to the passing of resolution 9) to allot for cash equity securities (as defined in section 560 of the Act for the purposes of section 561 of the Act) as if section 561(1) of the Act did not apply to any such allotment, within the parameters set out in the Notice.	99.83
12.  That, in accordance with article 10 of the Company’s articles of association and the Act, the Company is generally and unconditionally authorised to make market purchases (within the meaning of section 693 of the Act) of ordinary shares of 1 pence each in the capital of the Company (Ordinary Shares). within the parameters set out in the Notice.	99.96
13. That with effect from the conclusion of the meeting, article 97.1 of the Articles of Association of the Company be amended as further set out in the Notice.	99.93

Change of Name of Nominated Adviser and Broker

The Company also announces that its Nominated Adviser and Sole Broker has changed its name to Cavendish Capital Markets Limited following completion of its own corporate merger.

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/Charlotte Sutcliffe	ECM

Notes

The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting (the “Notice”) which is attached to the Annual Report and is available on the Investors section of the Company’s website: RNS – AGM Notice and Publication of Annual Report and Accounts – Intercede

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