Share Award

RNS Number : 8910X

Intercede Group PLC

02 September 2015

 

2 September 2015

Intercede Group plc

("Intercede" or the "Company")

Share Award

On 1 September 2015, a free unit award equivalent to 100,000 ordinary shares of 1 pence each in the capital of the Company ("Free Units") was granted to Rob Chandhok, Non-Executive Director of Intercede. The Free Units will vest on 30 June 2018, subject to Mr. Chandhok remaining a member of the Board at this date.

The award was made under the existing Intercede MyID Inc. Unit Incentive Plan, further details of which are set out in note 15 of the Intercede Group plc 2015 Annual Report & Accounts.

ENQUIRIES

Intercede Group plc	Tel.     [phone]
Andrew Walker, Finance Director
finnCap	Tel.      + 44 (0)20 7220 0500
Stuart Andrews, Corporate Finance
Joanna Weaving, Corporate Broking

About Intercede

Intercede is a software and service company specialising in identity, credential management and secure mobility. Its solutions create a foundation of trust between connected people, devices and apps and combine expertise with innovation to provide world-class cybersecurity.

Intercede has been delivering solutions to high profile customers, from the US and UK governments to some of the world's largest corporations, telecommunications providers and information technology firms, for over 20 years.

Intercede's MyID software is an identity and credential management system that enables organisations to create and assign trusted digital identities to employees, citizens and machines and in turn allows secure access to services, facilities, information and networks. MyID adheres to international standards, while remaining simple enough to be deployed onto consumer devices such as smartphones, tablets and other devices in the Internet of Things.

In 2015 Intercede launched MyTAM; enabling trusted applications to be loaded into a mobile device's Trusted Execution Environment (TEE), providing hardware-level security for Android apps. The cloud-based service provides a cost-effective and convenient way for developers and corporations to protect their apps and users' sensitive data.

For more information visit: www.intercede.com

 

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