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Pin to quick picksIntercede Regulatory News (IGP)

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Market Cap: £63.47m
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Director/PDMR Shareholding

25 Oct 2023 16:44

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:

Β· 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.

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

Β· 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 Financial instrument, type of instrument

Ordinary Shares of 1 pence

Identification code

GB0003287249

b)

Nature of the transactions

Purchase of Ordinary Shares

c)

Date(s), Price(s) and volume(s)

Date(s)

Price(s)

Volume(s)

19 October 2023

56.15

65,000

20 October 2023

57.5

5,000

d)

Aggregated information:

Β· Aggregated volumes

Β· Prices

Price(s)

Volume(s)

56.25

70,000

e)

Date of the transaction

19th October 2023/20th October 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

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END
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