Transaction in Own Shares

RNS Number : 1985L

Intercede Group PLC

07 January 2016

 

7 January 2016

Intercede Group plc

("Intercede" or the "Company")

Transaction in Own Shares

The Company announces that it has transferred 15,000 shares currently held in treasury to an employee, pursuant to an incentive arrangement (the "Transaction").

The Company advises that, following the Transaction, the Company's issued share capital is 48,735,005 Ordinary Shares (including 294,000 Ordinary Shares held as treasury shares).Therefore the Company's total number of Ordinary Shares with voting rights is 48,441,005.

The above figure of 48,441,005 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

ENQUIRIES

Intercede Group plc	Tel.     [phone]
Richard Parris, Chairman & Chief Executive Andrew Walker, Finance Director
finnCap	Tel.      + 44 (0)20 7220 0500
Stuart Andrews, Corporate Finance
Joanna Scott, 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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