Intercede Group PLC Director/PDMR Shareholding (0021M)

TIDMIGP

RNS Number : 0021M

Intercede Group PLC

25 April 2018

25 April 2018

INTERCEDE GROUP plc

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

Director/PDMR Shareholding

Intercede, the software and service company specialising in identity, credential management and secure mobility, was notified on 24 April 2018 that on the same day, Chuck Pol, Non-Executive Chairman of the Company, purchased 62,500 ordinary shares of 1 pence each in the Company ("Shares"), at a price of 29.0 pence per share (the "Purchase").

Following the Purchase, Mr. Pol's total beneficial interest in the Company is 133,037 Shares representing approximately 0.26% of the Company's issued share capital.

ENQUIRIES

Intercede Group plc Tel. [phone]

Andrew Walker, Finance Director

finnCap Tel. [phone]

Stuart Andrews, Corporate Finance

Simon Hicks, Corporate Finance

About Intercede

Intercede is a cybersecurity company specialising in digital identities, derived credentials and access control, enabling digital trust in a mobile world.

Headquartered in the UK, with offices in the US, we believe in a connected world in which people and technology are free to exchange information securely, and complex insecure passwords become a thing of the past.

Our vision is to make the highest levels of cybersecurity available to organizations and consumers alike, solving complexity and scalability issues by managing high volumes of digital credentials.

We have been delivering trusted solutions to high profile customers for over 20 years. Our team of experts has deployed millions of identities to governments, most of the largest aerospace and defence corporations, and major financial services and healthcare organizations, as well as leading telecommunications, cloud services and information technology firms, providing industry-leading employee and customer credential management systems.

For more information visit: www.intercede.com

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
---  -------------------------------------------------------------------- 
 a)   Name                             Chuck Pol - Non-Executive Chairman 
---  -------------------------------  ----------------------------------- 
 2.   Reason for the Notification 
---  -------------------------------------------------------------------- 
 a)   Position/status                  See 1(a) above 
---  -------------------------------  ----------------------------------- 
 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               Ordinary shares of 1 pence 
       Financial instrument, 
       type of instrument 
--- 
      Identification code              GB0003287249 
---  -------------------------------  ----------------------------------- 
 b)   Nature of the transaction        Purchase of ordinary shares 
---  -------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)            Price(s)   Volume(s) 
                                        ---------  ---------- 
                                         29p        62,500 
                                        ---------  ---------- 
---  -------------------------------  ----------------------------------- 
 d)   Aggregated information:          See 4(c) above 
        *    Aggregated volume 
 
 
        *    Price 
---  -------------------------------  ----------------------------------- 
 e)   Date of the transaction          24 April 2018 
---  -------------------------------  ----------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM Market 
                                        (XLON) 
---  -------------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 25, 2018 02:01 ET (06:01 GMT)