Last checked at 2 Mar 2010 07:00
2 March 2010
Intercede Group plc
("Intercede" or the "Company")
Director Share Dealings
In response to institutional demand, Richard Parris, Chairman and CEO of Intercede (AIM: IGP.L) has sold 1,000,000 Intercede shares, representing 2.08 per cent. of the voting rights of the Company, to leading technology investor Herald Investment Trust at a price of 42.5 pence per share.
Intercede is a leading producer of Identity and Credential Management software called MyID, which manages the secure registration, issuance and life cycle of digital identities for a wide range of uses.
Following this sale on 1 March 2010, Richard Parris and his immediate family will own 5,472,232 shares representing 11.36 per cent. of the total voting rights of the Company.
For more information please contact:
| Intercede Group plc | Tel. +44 (0)1455 558 111 |
| Andrew Walker, Finance Director |
|
|
|
|
| FinnCap | Tel. +44 (0)20 7600 1658 |
| Clive Carver / Rhydian Bankes, Corporate Finance |
|
| Tom Jenkins, Corporate Broking |
|
|
|
|
| Pelham Bell Pottinger | Tel. +44 (0)20 7337 1509 |
| Archie Berens |
|