Share Incentive Plan
Further to the announcement dated 13 March 2014, which provides details of the Company’s Share Incentive Plan, the Company confirms that Richard Parris (Chairman & CEO), Andrew Walker (Finance Director) and Jayne Murphy (Operations Director) (the “Directors”) have each made binding commitments to subscribe for £1,800 of Partnership Shares from the April 2016 payroll at the prevailing market price on that date. Matching Shares will also be given to the Directors on the basis of two Matching Shares for each Partnership Share.
The Directors’ updated interests in the shares of the Company will be notified immediately following these transactions.
|Intercede Group plc||Tel. +44 (0)1455 558111|
|Andrew Walker, Finance Director|
|FinnCap||Tel. + 44 (0)20 7220 0500|
|Stuart Andrews, Corporate Finance|
|Joanna Weaving, Corporate Broking|
Intercede is a software and service company specialising in identity, credential management and secure mobility. Its solutions create a foundation of trust between connected people, devices and apps and combine expertise with innovation to provide world-class cybersecurity.
Intercede has been delivering solutions to high profile customers, from the US and UK governments to some of the world’s largest corporations, telecommunications providers and information technology firms, for over 20 years.
Intercede’s MyID software is an identity and credential management system that enables organisations to create and assign trusted digital identities to employees, citizens and machines and in turn allows secure access to services, facilities, information and networks. MyID adheres to international standards, while remaining simple enough to be deployed onto consumer devices such as smartphones, tablets and other devices in the Internet of Things.
In 2015 Intercede launched MyTAM; enabling trusted applications to be loaded into a mobile device’s Trusted Execution Environment (TEE), providing hardware-level security for Android apps. The cloud-based service provides a cost-effective and convenient way for developers and corporations to protect their apps and users’ sensitive data.
For more information visit: www.intercede.com