Business
Director/PDMR Shareholding and Issue of Equity
Director/PDMR Shareholding and Issue of Equity.
About this update from Intercede Group Plc
[{"type":"text","content":"\n\n18 June 2024\nINTERCEDE GROUP plc\n('Intercede', the 'Company' or the 'Group')\n\nDirector/PDMR Shareholding and Issue of Equity\n \nIntercede, the leading cybersecurity software company specialising in digital identities, today received a notification of exercise from Klaas van der Leest, Chief Executive Officer, in relation to 130,000 share options (\"Options\") over ordinary shares of 1p each in the capital of the Company (\"Ordinary Shares\") at an exercise price of 27.0 pence pursuant to the Company's Enterprise Management Incentive Plan (the \"Exercise\").\n \nFollowing the Exercise, Mr Van der Leest has an increased shareholding of 1,031,572 Ordinary Shares in the Company, representing approximately 1.77% of the Company's enlarged issued share capital.\nIssue of Equity\nAccordingly, application has been made for 130,000 new Ordinary Shares to be issued pursuant to the Exercise to be admitted to trading on AIM (\"Admission\"). Admission is expected to occur at 8.00 a.m. on or around 21 June 2024.\nThe new Ordinary Shares will rank pari passu with the existing shares of the Company. Following Admission, the Company's issued share capital consists of 58,493,357 Ordinary Shares, each with voting rights. The Company holds 131,645 Ordinary Shares in treasury, therefore the total number of voting rights in the Company is 58,361.712. Accordingly, the figure of 58,361,712 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 Guidance and Transparency Rules.\nFollowing the Exercise, there are total options outstanding over 3,935,705 Ordinary Shares, representing 6.74% of the Company's issued share capital.\nENQUIRIES\n\n\n\n\nIntercede Group plc\n\n\nTel. + 44 (0)1455 558111\n\n\n\n\nKlaas van der Leest\n\n\nCEO\n\n\n\n\nNitil Patel\n\n\nCFO\n\n\n\n\n \n\n\n \n\n\n\n\nCavendish Capital Markets Limited\n\n\nTel. + 44 (0)20 7220 0500\n\n\n\n\nSimon Hicks/Fergus Sullivan\n\n\nCorporate Finance\n\n\n\n\nTim Redfern/Ondraya Swanson\n\n\nECM\n\n\n\n\n \n \n \n \n \n \n \nAbout Intercede\nIntercede is a cybersecurity software company specialising in digital identities, and its innovative solutions enable organisations ...