Exercise of Options, PDMR Shareholding & TVR
Summary by AI BETAClose X
20 July 2026
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
Exercise of Options, PDMR Shareholding & Total Voting Rights
Intercede, the leading cybersecurity software company specialising in digital identities, announces that it received notification of exercise from Nitil Patel, Chief Financial Officer, in relation to 500,000 share options ("Options") over ordinary shares of 1p each in the Company ("Ordinary Shares") at an exercise price of 38.0 pence pursuant to the Company's Enterprise Management Incentive Plan (the "Exercise").
Following this exercise, Nitil Patel is now interested in 560,097 Ordinary Shares in the Company, representing 0.92 per cent. of the Company's total voting rights.
Accordingly, application has be made for 500,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on or around 24 July 2026.
The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following Admission, The Company will have 61,036,452 Ordinary Shares, each with voting rights. The Company holds 373,906 Ordinary Shares in treasury, therefore the total number of voting rights in the Company is 60,662,546. Accordingly, the figure of 60,562,446 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.
ENQUIRIES
|
Intercede Group plc |
Tel. + 44 (0)1455 558111 |
|
Klaas van der Leest |
CEO |
|
Nitil Patel |
CFO |
|
|
|
|
Cavendish Capital Markets Limited |
Tel. + 44 (0)20 7220 0500 |
|
Marc Milmo/Fergus Sullivan/Trisyia Jamaludin |
Corporate Finance |
|
Matt Lewis/Brittany Stevens |
Corporate Broking |
About Intercede
Intercede is a cybersecurity software company specialising in digital identities, and its innovative solutions enable organisations to protect themselves against the number one cause of data breach: compromised user credentials.
The Intercede suite of products allows customers to choose the level of security that best fits their needs, from Secure Registration and ID Verification to Password Security Management, One-Time Passwords, FIDO and PKI. Uniquely, Intercede provides the entire set of authentication options from Passwords to PKI, supporting customers on their journey to passwordless and stronger authentication environments. In addition to developing and supporting Intercede software, the Group offers professional services and custom development capabilities as well as managing the world's largest password breach database.
For over 24 years, global customers in government, aerospace and defence, financial services, healthcare, telecommunications, cloud services and information technology have trusted Intercede solutions and expertise in protecting their mission critical data and systems at the highest level of assurance.
For more information visit: www.intercede.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||||
|
a) |
Name |
Nitil Patel |
||||||
|
2. |
Reason for the Notification |
|||||||
|
a) |
Position/status |
Chief Financial Officer |
||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
Intercede Group plc |
||||||
|
b) |
LEI |
2138001HHZHVUMKZ8968 |
||||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||||
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary Shares of 1 pence |
||||||
|
Identification code |
GB0003287249 |
|||||||
|
b) |
Nature of the transactions |
Exercise of Options |
||||||
|
c) |
Date(s), Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information: · Aggregated volumes · Prices |
As above |
||||||
|
e) |
Date of the transaction |
20 July 2026
|
||||||
|
f) |
Place of the transaction |
Outside of trading venue |
||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 8 hours ago Johnson Matthey
- 10 hours ago Galliford Try
- 10 hours ago Galliford Try
- 10 hours ago Centrica
- 10 hours ago Smith & Nephew