RNS – Board Changes

Phil Edge March 29th 2018 RNS

29 March 2018

INTERCEDE GROUP plc

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

Board Changes

Intercede, the software and service company specialising in identity, credential management and secure mobility, announces the following Board changes. Richard Parris, Intercede’s founder, is ceasing his roles as Chairman and Chief Executive of the Company and will become a Non-Executive Director with immediate effect. Chuck Pol, currently a Non-Executive Director of the Company, has been appointed as Non-Executive Chairman. The Board is currently undertaking a search for a new Chief Executive and a further update will be provided to shareholders in due course.

Chuck was appointed to the Intercede Board on 1 June 2017. He was previously Chairperson of Vodafone Americas, a role he held since 2013 and in which he led the development of applications for the Internet of Things (“IoT”). Chuck joined Vodafone Americas as President of its Global Enterprise division where he built a US-wide mobile business focused exclusively on Enterprises. Prior to Vodafone Americas, Chuck held senior roles at BT Americas including Chief Operating Officer and President. On leaving BT in 2008, Chuck was President of BT Global Financial Services where he was responsible for BT’s relationships with the top 40 global investment banks.

Chuck Pol, Chairman of Intercede said, “On behalf of the Board and shareholders in Intercede, I would like to thank Richard for his many years of service to Intercede. His vision and hard work have helped make the Company what it is today and we look forward to continuing to benefit from his experience in his role as a Non-Executive Director.”

ENQUIRIES

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

About Intercede

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.

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.