4
July 2024
INTERCEDE GROUP
plc
('Intercede', the 'Company'
or the 'Group')
Issue of Equity
& Total Voting
Rights
Intercede, the leading cybersecurity software company specialising in digital identities,
announces that it has applied for 225,000 new ordinary shares
of 1p each in the capital of the Company ("Ordinary Shares") to be
admitted to trading on AIM ("Admission"). Admission is expected to
occur at 8.00 a.m. on or around 11 July 2024.
The new Ordinary Shares are being issued pursuant to
an exercise of options, held under the Company's Enterprise
Management Incentive Plan, by an employee of the Company. The new
Ordinary Shares will rank pari
passu with the Company's existing Ordinary Shares.
Issue of
Equity
Following Admission, the Company's issued share
capital consists of 58,830,857 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
58,699,212. Accordingly, the figure of 58,699,212 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.
Following Admission, there are total options
outstanding over 3,598,205 Ordinary Shares, representing
approximately 6.13% of the Company's issued share
capital.
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
|
|
Simon Hicks/Fergus Sullivan
|
Corporate Finance
|
|
Tim Redfern/Ondraya Swanson
|
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 20 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