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Holding(s) in Company

Mon 3rd December, 2012 7:00am
RNS Number : 4950S
Intercede Group PLC
03 December 2012

INTERCEDE GROUP plc

('Intercede', 'the Company' or 'the Group')

Notification of Interest

Intercede (AIM: IGP.L) announces that it received notification on 30 November 2012 that, further to the acquisition of 700,000 shares on 29 November 2012, Liontrust Investment Partners LLP is now interested in a total of 2,727,026 Ordinary Shares of 1p which represents 5.60% of the Company's total voting rights.

ENQUIRIES

Intercede Group plc Tel. +44 (0)1455 558 111

Richard Parris, Chairman & Chief Executive

Andrew Walker, Finance Director

FinnCap Tel. +44 (0)20 7220 0500

Stuart Andrews, Corporate Finance

Rose Herbert, Corporate Finance

Joanna Weaving, Corporate Broking

Pelham Bell Pottinger Tel. +44 (0)20 7861 3112

Archie Berens

About Intercede

Intercede is a security software provider whose MyID identity management platform enables globalorganisations and governments to create trusted digital identities for employees and citizens on secure devices such as smartcards, smartphones and tablets.MyID enables the protection of IP, assets, and digital content, delivering trusted digital identities as the cornerstone of cyber security strategies for government, defence, financial services and other industries.

TheCompany operates in global markets (including the US, Europe and Middle East)and works with large international partners including BT, Gemalto, HP, Microsoft, Oberthur, SafeNet, Symantec and Thales to deliver flexible digital identity solutions that are interoperable with other existing technologies and which are tailoredto customer needs.

Corporations such as Boeing, Booz Allen Hamilton and Lockheed Martin, and governments including the USA, UK and Kuwait, trust Intercede'sdeep expertise to deliver effective solutions. The company's technology achievements reflect an investment of 300 plus man years of development, exemplary speed of deployment and adherence to international standards including FIPS 201, where MyID was the first electronic personalization product to obtain GSAapproval.This trust is reflected in Intercede's rate of repeat business with its customers, which typically runs at 70-80% of annual revenues.

Intercede has been developing ID management systems since 1992 and MyID is currently deployed by end customers located in 24 countries. The company is headquartered in the UK, listed on the London Stock Exchange AIM: IGP and ISO 9001 and TickIT certified.

For more information visit http://www.intercede.com


This information is provided by RNS
The company news service from the London Stock Exchange
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Intercede Group plc is a United Kingdom-based holding company. The Company together with its subsidiaries is a developer and supplier of identity and credential management software. The Company’s MyID software manages the secure registration and verification of identities and issuance and lifecycle management of devices and credentials. The MyID identity management platform enables global organizations and governments to create digital identities for employees and citizens on secure devices, such as smartcards, smartphones and tablets. The Company operates in global markets, including the United States, Europe and Middle East and works with international partners, including BT, Gemalto, HP, Microsoft, Oberthur, SafeNet, Symantec and Thales to deliver digital identity solutions that are interoperable with other existing technologies and which are tailored to customer needs. more »

Share Price (AIM)
171.2p
Change
2.5  1.5%
P/E (fwd)
n/a
Yield (fwd)
n/a
Mkt Cap (£m)
84.0