Issue of Equity

RNS Number : 4357Z

Intercede Group PLC

15 March 2012

 

Intercede Group plc

("Intercede" or the "Company")

Issue of equity

The Company announces that, further to an exercise of options by certain employees (not directors) over ordinary shares of 1p each in Intercede ("Ordinary Shares"), application has been made for 63,000 Ordinary Shares to be admitted to trading on AIM.  Dealings are expected to commence in the new Ordinary Shares on 21 March 2012.

Following the exercise of options, the Company has 48,428,005 Ordinary Shares in issue. There are 57,975 Ordinary Shares held in Treasury. The total number of voting rights in the Company is therefore 48,370,030. This number may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or a change in their interest in, the Company under the 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
Sarah Wharry
Rose Herbert
Pelham Bell Pottinger	Tel.        [phone]
Archie Berens
Clare Gilbey

 

END

 

 

LISLLFIVVIIELIF