Share Incentive Plan

RNS Number : 5926Z

Intercede Group PLC

15 March 2017

 

15 March 2017

Intercede Group plc

("Intercede" or the "Company")

Share Incentive Plan

Further to the announcement dated 13 March 2014, which provides details of the Company's Share Incentive Plan, the Company confirms that Richard Parris (Chairman & CEO), Andrew Walker (Finance Director) and Jayne Murphy (Operations Director) (the "Directors") have each made binding commitments to subscribe for £1,800 of Partnership Shares from the April 2017 payroll at the prevailing market price on that date. Matching Shares will also be given to the Directors on the basis of two Matching Shares for each Partnership Share.

The Directors' updated interests in the shares of the Company will be notified immediately following these transactions.

ENQUIRIES

Intercede Group plc	Tel.      [phone]
Andrew Walker, Finance Director
FinnCap	Tel.      + 44 (0)20 7220 0500
Stuart Andrews, Corporate Finance
Simon Hicks, Corporate Finance

About Intercede

Intercede is a software and service company specializing 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 product portfolio includes MyID, an identity and credential management system that assigns trusted digital identities to employees citizens and machines. 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. In 2016, Intercede launched RapID, a secure, easy to implement authentication service for mobile apps and cloud services to completely eliminate the need for passwords.

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.

 

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