Intercede Group PLC PDMR Shareholding (1434T)

TIDMIGP

RNS Number : 1434T

Intercede Group PLC

29 June 2018

29 June 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 29 June 2018 of the following transactions in its ordinary shares of 1 pence ("Ordinary Shares"):

- on 28 June 2018, Richard Parris, Non-Executive Director of the Company, transferred, via sale and purchase, 68,000 Ordinary Shares. He sold 68,000 Ordinary Shares at a price of 29 pence per Ordinary Share from an account in his own name and bought 68,000 Ordinary Shares at a price of 29.02 pence per Ordinary Share to be held in his ISA;

- on 28 June 2018, Jayne Murphy, a person closely associated ("PCA") with Richard Parris, Non-Executive Director of the Company, transferred, via sale and purchase, 68,000 Ordinary Shares. She sold 68,000 Ordinary Shares at a price of 29 pence per Ordinary Share from an account in her own name and bought 68,000 Ordinary Shares at a price of 29.02 pence per Ordinary Share to be held in her ISA; and

- on 28 June 2018, Jayne Murphy, a ("PCA") with Richard Parris, Non-Executive Director of the Company, sold 10,000 Ordinary Shares at a price of 29 pence per Ordinary Share.

- Following these transactions, Richard Parris and PCA's with him are beneficially interested in 5,703,552 Ordinary Shares, representing 11.3% 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                             Richard Parris - Non-Executive Director 
                                                   Jayne Murphy - PCA of Richard Parris 
                -------------------------------  --------------------------------------------------- 
            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                  1. Richard Parris - transfer via sale 
                                                              of 68,000 ordinary shares at 29p per 
                                                              ordinary share and purchase of 68,000 
                                                              ordinary shares at 29.02p per ordinary 
                                                              share from Mr Parris's own name to 
                                                              his ISA 
 
                                                              2. Jayne Murphy - transfer via sale 
                                                              of 68,000 ordinary shares at 29p per 
                                                              ordinary share and purchase of 68,000 
                                                              ordinary shares at 29.02p per ordinary 
                                                              share from Mrs Murphy's own name to 
                                                              her ISA 
 
                                                              3. Jayne Murphy - sale of ordinary 
                                                              shares 
                -------------------------------  --------------------------------------------------- 
 c)              Price(s) and volume(s)           1. Richard Parris Price(s)    Volume(s) 
                                                    Sold 
                                                     29p         68,000 
 
                                                     Bought: 
                                                     29.02p      68,000 
                                                               ---------- 
 
 
                                                   2. Jayne Murphy Price(s)    Volume(s) 
                                                    Sold 
                                                     29p         68,000 
 
                                                     Bought: 
                                                     29.02p      68,000 
                                                               ---------- 
 
 
                                                   3. Jayne Murphy Price(s)    Volume(s) 
                                                    Sold 
                                                     29p         10,000 
                                                               ---------- 
                -------------------------------  --------------------------------------------------- 
 d)              Aggregated information:          See 4(c) above 
                   *    Aggregated volumes 
 
 
                   *    Prices 
                -------------------------------  --------------------------------------------------- 
 e)              Date of the transactions         28 June 2018 
                -------------------------------  --------------------------------------------------- 
 f)              Place of the transactions        London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  --------------------------------------------------- 
 

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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June 29, 2018 11:59 ET (15:59 GMT)