11 October 2024
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
Director/PDMR Shareholding
Intercede, the leading cybersecurity software company specialising in digital identities, was notified on 11 October 2024 that Nitil Patel, Executive Director, purchased a total of 1,504 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at an average price of 162.2 pence per Ordinary Share.
Following the purchase, Mr Patel has a shareholding of 40,146 Ordinary Shares in the Company, representing approximately 0.07% of the Company's total voting rights.
The notifications below, which has been made in accordance with the requirements of the Market Abuse Regulation, provide further detail.
ENQUIRIES
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Intercede Group plc |
Tel. + 44 (0)1455 558111 |
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Klaas van der Leest |
CEO |
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Nitil Patel |
CFO |
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Cavendish Capital Markets Limited |
Tel. + 44 (0)20 7220 0500 |
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Marc Milmo/Fergus Sullivan |
Corporate Finance |
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Tim Redfern/Ondraya Swanson |
ECM |
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
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Nitil Patel |
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2. |
Reason for the Notification |
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a) |
Position/status |
Executive Director -CFO |
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b) |
Initial notification/Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Intercede Group plc
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b) |
LEI |
2138001HHZHVUMKZ8968 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary Shares of 1 pence |
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Identification code |
GB0003287249 |
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b) |
Nature of the transactions |
Purchase of Ordinary Shares |
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c) |
Date(s), Price(s) and volume(s) |
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d) |
Aggregated information: · Aggregated volumes · Prices |
See 4 (c) above |
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e) |
Date of the transaction |
11 October 2024
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f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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