REG - Intercede Group PLC - Director/PDMR Shareholding and Issue of Equity

IntercedeAnnouncement

18/06/2024 07:15

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RNS Number : 7821S  Intercede Group PLC  18 June 2024

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 (http://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:                                      See 4(c) above

                           ·      Aggregated volumes

                           ·      Prices
 e)                        Date of the transaction                                      18 June 2024

 f)                        Place of the transaction                                     Exercise: outside of a trading venue

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

 

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