TIDMIGP

RNS Number : 3045R

Intercede Group PLC

25 October 2023

25 October 2023

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Director/PDMR Shareholding

Intercede, the leading cybersecurity software company specialising in digital identities , was notified on 24 October 2023 of the following transactions:

-- Royston Hoggarth, Chairman of the Group, purchased a total of 70,000 ordinary shares of 1 pence ("Ordinary Shares") at an average price of 56.25 pence per Ordinary Share.

-- The purchases were made on the 19 October 2023 (65,000 shares) and 20 October 2023 (5,000 shares).

-- Following the purchase, Mr Hoggarth has an increased shareholding of 445,214 Ordinary Shares in the Company, representing approximately 0.76% of the Company's issued share capital.

The notifications below, which has been made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

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 
 

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Royston Hoggarth 
     -------------------------------  ----------------------------------- 
 2.   Reason for the Notification 
     -------------------------------------------------------------------- 
 a)   Position/status                  Chairman 
     -------------------------------  ----------------------------------- 
 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 
     -------------------------------  ----------------------------------- 
 b)   LEI                              213800VFMNCYCDQ65C90 
     -------------------------------  ----------------------------------- 
 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 
     -------------------------------------------------------------------- 
 a)   Description of the               Ordinary Shares of 1 pence 
       Financial instrument, 
       type of instrument 
      Identification code              GB0003287249 
     -------------------------------  ----------------------------------- 
 b)   Nature of the transactions       Purchase of Ordinary Shares 
     -------------------------------  ----------------------------------- 
 c)   Date(s), Price(s) and            Date(s)       Price(s)  Volume(s) 
       volume(s)                        19 October 
                                         2023         56.15     65,000 
                                                     ---------  --------- 
                                        20 October 
                                         2023         57.5      5,000 
                                                     ---------  --------- 
     -------------------------------  ----------------------------------- 
 d)   Aggregated information:           Price(s)  Volume(s) 
       -- Aggregated volumes             56.25     70,000 
       -- Prices                                   --------- 
     -------------------------------  ----------------------------------- 
 e)   Date of the transaction          19(th) October 2023/20(th) October 
                                        2023 
     -------------------------------  ----------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM Market 
                                        (XLON) 
     -------------------------------  ----------------------------------- 
 

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END

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(END) Dow Jones Newswires

October 25, 2023 11:44 ET (15:44 GMT)

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