Director/PDMR Shareholding

RNS Number : 8955H

Intercede Group PLC

02 March 2010

 



2 March 2010

Intercede Group plc

("Intercede" or the "Company")

Director Share Dealings

In response to institutional demand, Richard Parris, Chairman and CEO of Intercede (AIM: IGP.L) has sold 1,000,000 Intercede shares, representing 2.08 per cent. of the voting rights of the Company, to leading technology investor Herald Investment Trust at a price of 42.5 pence per share.

Intercede is a leading producer of Identity and Credential Management software called MyID, which manages the secure registration, issuance and life cycle of digital identities for a wide range of uses.

Following this sale on 1 March 2010, Richard Parris and his immediate family will own 5,472,232 shares representing 11.36 per cent. of the total voting rights of the Company.

For more information please contact:

Intercede Group plc	Tel. [phone]
Andrew Walker, Finance Director
FinnCap	Tel. [phone]
Clive Carver / Rhydian Bankes, Corporate Finance
Tom Jenkins, Corporate Broking
Pelham Bell Pottinger	Tel. [phone]
Archie Berens

 

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