Intercede Group PLC Director/PDMR Shareholding (3997X)

TIDMIGP

RNS Number : 3997X

Intercede Group PLC

10 August 2018

10 August 2018

INTERCEDE GROUP plc

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

Director/PDMR shareholdings

Intercede, the software and service company specialising in identity, credential management and secure mobility, was notified on 9 August 2018 that The Azalia Trust, a person closely associated ("PCA") with Jacques Tredoux, Non-Executive Director of the Company, purchased a total of 1,501,868 ordinary shares of 1 pence ("Ordinary Shares") at a price of 30.0 pence per Ordinary Share.

Following this transaction, Jacques Tredoux and PCA's with him are beneficially interested in a total of 13,315,756 Ordinary Shares, representing approximately 26.4% of the Company's issued share capital.

ENQUIRIES

Intercede Group plc Tel. [phone]

Klaas van der Leest, Chief Executive

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                             Azalia Trust - PCA of Jacques Tredoux, 
                                                   Non-Executive Director 
                -------------------------------  ------------------------------------------ 
            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 transactions       Purchase of ordinary shares 
                -------------------------------  ------------------------------------------ 
 c)              Price(s) and volume(s)            Price(s)   Volume(s) 
                                                    30p        787,500 
                                                              ---------- 
                                                    30p        714,368 
                                                              ---------- 
                -------------------------------  ------------------------------------------ 
 d)              Aggregated information:          Purchase of a total of 1,501,868 ordinary 
                   *    Aggregated volumes         shares at a price of 30p per ordinary 
                                                   share 
 
                   *    Prices 
                -------------------------------  ------------------------------------------ 
 e)              Date of the transaction          9 August 2018 
                -------------------------------  ------------------------------------------ 
 f)              Place of the transaction         Off market transaction 
                -------------------------------  ------------------------------------------ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 10, 2018 02:00 ET (06:00 GMT)