Intercede Group PLC Transaction in Own Shares

RNS Number : 7872L

Intercede Group PLC

12 November 2024

 

12 November 2024

 

INTERCEDE GROUP plc

 

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

 

Transaction in Own Shares

 

Intercede, the leading cybersecurity software company specialising in digital identities, announces that, in accordance with the terms of its share buyback programme announced on 25 October 2024, the Company has purchased 11,500 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 191 pence per Share through Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in due course, be held in treasury.

 

 

Aggregated Information

 

Date of Purchase:	11 November 2024
Aggregate Number of Shares Purchased:	11,500
Lowest Price Paid per Share (pence):	191
Highest Price Paid per Share (pence):	191
Volume-Weighted Average Price Paid per Share (pence):	191

 

 

Following this transaction, Intercede will have 58,830,857 ordinary shares of 1 pence each in issue and 169,228 ordinary shares are held in treasury. Accordingly, the figure of 58,661,629 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.

 

 

Individual Transactions
Number of Shares purchased	Transaction price (pence per Share)	Time of transaction	Venue
11,500	191	08:48	AIMX

 

ENQUIRIES

Intercede Group plc	Tel. + 44 (0)1455 558111
Klaas van der Leest	CEO
Nitil Patel	CFO
Cavendish Capital Markets Limited (Nomad & Broker)	Tel. + 44 (0)20 7220 0500
Marc Milmo/Fergus Sullivan/Rory Sale	Corporate Finance
Tim Redfern/Ondraya Swanson	Corporate Broking

 

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

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