Intercede Group PLC Director Share Dealings & Resignation (1109D)
January 26 2015 - 5:19AM
UK Regulatory
TIDMIGP
RNS Number : 1109D
Intercede Group PLC
26 January 2015
Intercede Group plc
("Intercede" or the "Company")
Director Share Dealings & Resignation
Intercede was notified on 23 January 2015 that Ian Drew, a
non-executive director of the Company, has purchased the following
ordinary shares of 1 pence each ("Ordinary Shares") in the
Company:
Date of transaction Type of Number of Ordinary Transaction
transaction Shares transacted price (pence)
23 January 2015 Purchase 26,000 114.0
-------------- ------------------- ---------------
Following these transactions Mr Drew's interest in Intercede
consists of 73,000 Ordinary Shares, representing 0.15% of the
issued share capital of the Company.
Notice is also given that Mr Drew will be resigning from the
Intercede Board to pursue an expanded role with his current
employer, ARM Holdings plc.
Chairman Richard Parris said, "Ian has been an exemplary NED on
the Intercede Board and in a short time he has made a big impact on
the Company. The Board thanks him for his dedication to growing the
Intercede business. He has helped Intercede to create momentum in
the mobile security ecosystem that will continue to accelerate
through the coming year. I am also confident we will continue to
consolidate a strong position within the ARM ecosystem."
Ian Drew said, "It has been a privilege to be a member of the
Intercede Board for the last two years. Intercede is a rapidly
rising star in the UK technology industry and is building a
strategically important position on the international mobile and
IOT cyber security stage. Unfortunately, new commitments at ARM
make my role on the Intercede Board untenable."
Enquiries:
Intercede Group plc Tel: 01455 558111
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
finnCap Ltd Tel: 020 7220 0500
Stuart Andrews, Corporate Finance
Joanna Weaving, Corporate Broking
Bell Pottinger Tel. +44 (0)7802 442486
Archie Berens
About Intercede
Intercede is a software company specialising in identity and
credential management with a global team of experts located in the
US and UK.
Intercede's MyID software enables organisations to create and
use trusted digital identities for employees, citizens and
machines. This allows secure access to services, facilities,
information and networks.
MyID meets the highest government standards yet is simple enough
to be deployed onto consumer devices such as smart phones and
tablets. Critically, MyID provides an easy, convenient and secure
alternative to passwords.
Millions of identities are managed using MyID and Intercede has
provided identity verification and management services to global
customers for more than 20 years. MyID is a commercial off the
shelf software product, designed and developed to be configurable
so it can be embedded as the cornerstone of cyber security
infrastructure for governments and corporations.
Customers trusting Intercede for secure digital identity include
the US and UK governments and some of the world's largest
corporations, telecommunications providers and information
technology partners.
For more information visit www.intercede.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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