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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Intercede Group Plc | LSE:IGP | London | Ordinary Share | GB0003287249 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 105.50 | 103.00 | 108.00 | 105.50 | 105.50 | 105.50 | 102,420 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Systems Service | 12.11M | 1.31M | 0.0225 | 46.89 | 61.43M |
TIDMIGP
RNS Number : 6845E
Intercede Group PLC
22 October 2018
22 October 2018
Intercede Group plc
("Intercede" or the "Company")
Grant of Options
Intercede, the leading specialist in digital identity, credential management and secure mobility, announces that on 19 October 2018 it granted options ("Options") over ordinary shares of 1p in the Company ("Ordinary Shares") under the existing Intercede Group plc Long Term Incentive Plan to Klaas van der Leest, Chief Executive and Andrew Walker, Finance Director.
The Options have been granted at a price of 27.0 pence per Ordinary Share, being the closing mid-market price of an Ordinary Share on 18 October 2018. They will be exercisable from 19 October 2021 to 18 October 2028, dependent on the price of an Ordinary Share reaching the following prices for a period of 30 consecutive trading days in the period up to and ending 19 October 2021, being three years from the date of the grant (the "Performance Criteria"):
- 69 pence per Ordinary Share ("Tranche 1"); - 119 pence per Ordinary Share ("Tranche 2"); and - 169 pence per Ordinary Share ("Tranche 3").
Dependent on the Performance Criteria above being achieved, the number of Options that will vest and become exercisable is as follows:
Director Tranche 1 Tranche 2 Tranche 3 Klaas van der 500,000 Options 250,000 Options 250,000 Options Leest ---------------- ---------------- ---------------- Andrew Walker 350,000 Options 150,000 Options 150,000 Options ---------------- ---------------- ----------------
Following this grant, there are a total of 2,062,500 Options outstanding, representing approximately 4.1 per cent. of the current issued share capital of the Company.
Further detail is set out in the PDMR disclosure tables below.
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455 558111 Klaas van der Leest, Chief Executive Andrew Walker, Finance Director finnCap Tel. + 44 (0)20 7220 0500 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.
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 ------------------------------- -------------------------------------- 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 Options over Ordinary Shares of 1 Financial instrument, pence type of instrument Identification code GB0003287249 ------------------------------- -------------------------------------- b) Nature of the transactions Grant of Options over Ordinary Shares ------------------------------- -------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 27.0p 1,000,000 ---------- ------------------------------- -------------------------------------- d) Aggregated information: See 4(c) above * Aggregated volumes * Prices ------------------------------- -------------------------------------- e) Date of the transaction 19 October 2018 ------------------------------- -------------------------------------- f) Place of the transaction Off market transaction ------------------------------- -------------------------------------- 1. Details of the person discharging managerial responsibilities / person closely associated a) Name Andrew Walker ------------------------------- -------------------------------------- 2. Reason for the Notification ----------------------------------------------------------------------- a) Position/status Finance 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 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 Options over Ordinary Shares of 1 Financial instrument, pence type of instrument Identification code GB0003287249 ------------------------------- -------------------------------------- b) Nature of the transactions Grant of Options over Ordinary Shares ------------------------------- -------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 27.0p 650,000 ---------- ------------------------------- -------------------------------------- d) Aggregated information: See 4(c) above * Aggregated volumes * Prices ------------------------------- -------------------------------------- e) Date of the transaction 19 October 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 rns@lseg.com or visit www.rns.com.
END
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October 22, 2018 02:00 ET (06:00 GMT)
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