Holding(s) in Company

RNS Number : 4950S

Intercede Group PLC

03 December 2012

 

INTERCEDE GROUP plc

('Intercede', 'the Company' or 'the Group')

Notification of Interest

Intercede (AIM: IGP.L) announces that it received notification on 30 November 2012 that, further to the acquisition of 700,000 shares on 29 November 2012, Liontrust Investment Partners LLP is now interested in a total of 2,727,026 Ordinary Shares of 1p which represents 5.60% of the Company's total voting rights.

ENQUIRIES

Intercede Group plc                                                            Tel. [phone]

Richard Parris, Chairman & Chief Executive

Andrew Walker, Finance Director

FinnCap                                                                                 Tel. [phone]

Stuart Andrews, Corporate Finance

Rose Herbert, Corporate Finance

Joanna Weaving, Corporate Broking

Pelham Bell Pottinger                                                          Tel. [phone]

Archie Berens

About Intercede

Intercede® is a security software provider whose MyID® identity management platform enables global organisations and governments to create trusted digital identities for employees and citizens on secure devices such as smartcards, smartphones and tablets. MyID enables the protection of IP, assets, and digital content, delivering trusted digital identities as the cornerstone of cyber security strategies for government, defence, financial services and other industries.

The Company operates in global markets (including the US, Europe and Middle East) and works with large international partners including BT, Gemalto, HP, Microsoft, Oberthur, SafeNet, Symantec and Thales to deliver flexible digital identity solutions that are interoperable with other existing technologies and which are tailored  to customer needs.

Corporations such as Boeing, Booz Allen Hamilton and Lockheed Martin, and governments including the USA, UK and Kuwait, trust Intercede's deep expertise to deliver effective solutions. The company's technology achievements reflect an investment of 300 plus man years of development, exemplary speed of deployment and adherence to international standards including FIPS 201, where MyID was the first electronic personalization product to obtain GSAapproval. This trust is reflected in Intercede's rate of repeat business with its customers, which typically runs at 70-80% of annual revenues. 

Intercede has been developing ID management systems since 1992 and MyID is currently deployed by end customers located in 24 countries. The company is headquartered in the UK, listed on the London Stock Exchange AIM: IGP and ISO 9001 and TickIT certified.

For more information visit http://www.intercede.com

 

END

 

 

HOLBMBFTMBJJBRT