22 November 2023
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
Director/PDMR Shareholding
Intercede, the leading specialist in digital identity, credential management and secure mobility, was notified on 21 November 2023 that Royston Hoggarth, Chairman of the Group, purchased 100,000 ordinary shares of 1 pence ("Ordinary Shares") at a price of 69.7 pence per Ordinary Share.
Following this purchase, Mr Hoggarth holds 545,214 Ordinary Shares. Mr Hoggarth's wife holds 148,440 Ordinary Shares. Therefore Mr Hoggarth and persons closely associated with him are beneficially interested in a total of 693,654 Ordinary Shares, representing approximately 1.19% of the Company's issued share capital.
The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provide further detail.
ENQUIRIES
| Intercede Group plc | Tel. + 44 (0)1455 558111 |
| Klaas van der Leest | CEO |
| Nitil Patel | CFO |
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| Cavendish Capital Markets Limited | Tel. + 44 (0)20 7220 0500 |
| Simon Hicks/Fergus Sullivan | Corporate Finance |
| Tim Redfern/Charlotte Sutcliffe | 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
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Royston Hoggarth | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Chairman | ||||
| 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 Financial instrument, type of instrument | Ordinary Shares of 1 pence | ||||
| Identification code | GB0003287249 | |||||
| b) | Nature of the transactions | Purchase of Ordinary Shares | ||||
| c) | Price(s) and volume(s) |
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| e) | Date of the transaction | 21 November 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
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