18
June 2024
INTERCEDE GROUP
plc
('Intercede', the 'Company'
or the 'Group')
Director/PDMR Shareholding and Issue of
Equity
Intercede, the leading cybersecurity software company specialising in digital identities,
today received a notification of
exercise from Klaas van der Leest, Chief Executive Officer, in
relation to 130,000 share options ("Options") over ordinary shares
of 1p each in the capital of the Company ("Ordinary Shares") at an
exercise price of 27.0 pence pursuant to the Company's Enterprise
Management Incentive Plan (the "Exercise").
Following the Exercise, Mr Van der Leest has an
increased shareholding of 1,031,572 Ordinary Shares in the Company,
representing approximately 1.77% of the Company's enlarged issued
share capital.
Issue of
Equity
Accordingly, application has been made for
130,000 new Ordinary Shares to be issued pursuant to the Exercise
to be admitted to trading on AIM ("Admission"). Admission is
expected to occur at 8.00 a.m. on or around 21 June
2024.
The new Ordinary Shares will rank pari passu with the existing shares of
the Company. Following Admission, the Company's issued share
capital consists of 58,493,357 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
58,361.712. Accordingly, the figure of 58,361,712 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 the Exercise, there are total options
outstanding over 3,935,705 Ordinary Shares, representing 6.74% 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
|
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
|
Klaas van der Leest
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Chief Executive Officer
|
|
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
|
2138001HHZHVUMKZ8968
|
|
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 Financial
instrument, type of instrument
|
Options over Ordinary Shares of 1
pence
|
|
Identification code
|
GB0003287249
|
|
b)
|
Nature of the
transactions
|
Exercise of Options held under the
Company's Enterprise Management Incentive Plan
|
|
c)
|
Date(s), Price(s) and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
27.0p
|
130,000
|
|
|
d)
|
Aggregated information:
· Aggregated
volumes
· Prices
|
See 4(c) above
|
|
e)
|
Date of the transaction
|
18 June 2024
|
|
f)
|
Place of the transaction
|
Exercise: outside of a trading
venue
|