Intercede Group PLC Director/PDMR Shareholding (1025K)

TIDMIGP

RNS Number : 1025K

Intercede Group PLC

16 September 2016

Intercede Group plc

("Intercede" or the "Company")

Director/PDMR Shareholding

Intercede announces that on 16 September 2016, Ben Drury, Non-Executive Director of the Company, purchased 5,239 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 59.1 pence per Ordinary Share (the "Purchase").

Following the Purchase, Ben Drury is beneficially interested in 5,239 Ordinary Shares, representing approximately 0.01% of the Company's issued share capital.

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                             Ben Drury 
---  -------------------------------  ----------------------------------- 
 2.   Reason for the Notification 
---  -------------------------------------------------------------------- 
 a)   Position/status                  Non-Executive Director 
---  -------------------------------  ----------------------------------- 
 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                              n/a 
---  -------------------------------  ----------------------------------- 
 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                   ordinary shares of 1p each 
       the Financial                    ("Ordinary Shares") 
       instrument, type 
       of instrument 
--- 
      Identification                   GB0003287249 
       code 
---  -------------------------------  ----------------------------------- 
 b)   Nature of the                    Purchase of Ordinary Shares 
       transaction 
---  -------------------------------  ----------------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         59.1p      5,239 
                                        ---------  ---------- 
---  -------------------------------  ----------------------------------- 
 d)   Aggregated information:          Purchase of 5,239 Ordinary 
        *    Aggregated volume          Shares at 59.1 pence per Ordinary 
                                        Share 
 
        *    Price 
---  -------------------------------  ----------------------------------- 
 e)   Date of the transaction          16 September 2016 
---  -------------------------------  ----------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ----------------------------------- 
 

Enquiries

Intercede Group plc

Tel.[phone]

Richard Parris, Chairman & Chief Executive

Andrew Walker, Finance Director

finnCap Ltd

Tel.[phone]

Stuart Andrews, Corporate Finance

Joanna Scott, Corporate Broking

About Intercede

Intercede is a software and service company specializing in identity, credential management and secure mobility. Its solutions create a foundation of trust between connected people, devices and apps and combine expertise with innovation to provide world-class cybersecurity. Intercede has been delivering solutions to high profile customers, from the US and UK governments to some of the world's largest corporations, telecommunications providers and information technology firms, for over 20 years. Intercede's product portfolio includes MyID, an identity and credential management system that assigns trusted digital identities to employees citizens and machines. In 2015, Intercede launched MyTAM, enabling trusted applications to be loaded into a mobile device's Trusted Execution Environment (TEE), providing hardware-level security for Android apps.

For more information visit: www.intercede.com

This information is provided by RNS

The company news service from the London Stock Exchange

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September 16, 2016 09:15 ET (13:15 GMT)