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Market Cap: £72.50m
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Director/PDMR Shareholding

11 Oct 2023 07:00

RNS Number : 7032P
Intercede Group PLC
11 October 2023

11 October 2023

INTERCEDE GROUP plc

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

Director/PDMR Shareholding

Intercede, a leading cybersecurity software company specialising in digital identities, was notified on 10 October 2023 that:

· Klaas van der Leest, Chief Executive Officer, purchased a total of 81,400 Ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at an average price of 49 pence per Ordinary Share.

Following the purchase, Mr Van der Leest's total beneficial interest in the Company is 898,200 Ordinary Shares, representing approximately 1.54% of the Company's total voting rights.

· Nitil Patel, Chief Financial Officer, purchased a total of 4,500 Ordinary Shares at an average price of 48.5 pence per Ordinary Share.

Following the purchase, Mr Patel's total beneficial interest in the Company is 35,268 Ordinary Shares, representing approximately 0.06% of the Company's total voting rights.

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

Klaas van der Leest

2.

Reason for the Notification

a)

Position/status

CEO

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)

Price(s)

Volume(s)

49p

81,400

d)

Aggregated information:

· Aggregated volumes

· Prices

See 4(c) above

e)

Date of the transaction

10th October 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nitil Patel

2.

Reason for the Notification

a)

Position/status

CFO

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)

Price(s)

Volume(s)

48.5p

4,500

d)

Aggregated information:

· Aggregated volumes

· Prices

See 4(c) above

e)

Date of the transaction

10th October 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

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