Intercede Group plc : Director Share Dealings and Issue of Equity Intercede Shares
06/12/2012| 12:48pm US/Eastern
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The Company announces that on 11 June 2012 Andrew
Walker, the Finance Director of the Company, exercised the
240,000 unapproved share options over ordinary shares of 1p
each in Intercede®("Ordinary
Shares") that were granted to him on 3 July 2002 at an
exercise price of 40.5p per Ordinary Share. Application has
been made for 240,000 Ordinary Shares to be admitted to
trading on AIM and dealings are expected to commence in the
new Ordinary Shares on 15 June 2012.
Intercede was also informed on 11 June 2012 that, on
the same date and prior to the exercise of the above options,
207,122 Ordinary Shares were purchased by the self-invested
personal pension (SIPP) of Andrew Walker at 60.5p per share
from his own beneficial holding.
Following the exercise of options, the Company has
48,668,005 Ordinary Shares in issue. There are 57,975
Ordinary Shares held in Treasury. The total number of voting
rights in the Company is therefore 48,610,030. 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.
Further to these transactions, Mr. Walker has increased
his shareholding from 1,376,227 to 1,616,227 Ordinary Shares
(207,122 of which are held in a SIPP) which represents 3.32%
of the Company's total voting rights.
About Intercede
Intercede is the producer of the
MyID®identity and credential
management system (IDCMS), the MyID Management Agent for
Microsoft®Forefront™ Identity
Manager and a range of mobile applications for securing
smartphones.
The company's website has recently been re-launched to
better reflect its enhanced proposition. For more information
visit www.intercede.com, email info@intercede.com
or call +44 (0)1455 558111.
MyID technology is being used around the world by large
corporations, governments and banks to manage millions of
identities for employees, citizens and customers. Notable
deployments in the US include 14 federal agencies, two
million smart cards in support of the US Transportation
Worker Identity Credential program (TWIC), four US financial
institutions and 340,000 smart corporate identity badges for
Boeing, Booz Allen Hamilton and Lockheed Martin. In Europe,
Australasia and the Middle East, MyID is being deployed in
support of government identity, financial services,
healthcare and corporate employee ID security
projects.
MyID is the only IDCMS software product that enables
organizations to easily and securely manage the identities of
people, secure devices and their associated credentials
within a single, integrated, workflow driven platform. This
includes enabling and managing secure registration, biometric
capture, application vetting and approval through to smart
card and smartphone personalization, issuance and
management.
At the forefront of the secure identity field,
Intercede also offers innovative new solutions for
smartphones, including secure email, physical and logical
access, identity verification via near field communications
and attribute management. With the trend towards 'bring
your own device' in the workplace and the move to
cloud-based services, MyID allows organizations to embrace
new and more convenient approaches to security.
MyID was the first electronic personalization product
to achieve compliance with the US FIPS-201 Personal Identity
Verification (PIV) standard and is widely deployed by federal
agencies, government contractors and other commercial
entities. In particular, it supports the latest standards
applicable for all PIV, PIV-Interoperable and PIV-Compatible
(CIV) deployments.
MyID provides customers with a platform that can meet
their needs now and in the future. It is a fully supported
commercial off-the-shelf product that can be quickly deployed
for thousands or millions of users.
Enquiries
Intercede Group plc
Tel.+44 (0)1455 558111
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
FinnCap
Tel.+44 (0)2076001658
Sarah Wharry, Corporate Finance
Rose Herbert, Corporate Finance
Joanna Weaving, Corporate Broking
Pelham Bell Pottinger
Tel.+44 (0)2078613112
Archie Berens
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