REG - Intercede Group PLC - Issue of Equity & Share Incentive Plan <Origin Href="QuoteRef">IGP.L</Origin>

IntercedeAnnouncement

01/08/2016 07:05

RNS Number : 7421F
Intercede Group PLC
01 August 2016
1 August 2016
Intercede Group plc
("Intercede" or the "Company")
Share Incentive Plan & Issue of Equity
The Company confirms that a Free Share Award has been made to all UK employees to the value of 3,600, the equivalent of 3,673 ordinary shares of 1p each per employee ("Ordinary Shares"). Following this award, Richard Parris and Andrew Walker have the following interests in the share capital of the Company:

Previous Shareholding
Revised Shareholding
% ofIssued Share Capital
Richard Parris*
5,673,666
5,681,012
11.6%
Andrew Walker
1,511,327
1,515,000
3.1%
* The interests of Richard Parris include those of Jayne Murphy, a connected person.
Subsequent to the Free Share Award, application has been made for the 379,542 Ordinary Shares (the "Free Share Award Shares") to be admitted to trading on AIM ("Admission"). The Free Share Award Shares will rank pari passu with the existing Ordinary Shares of the Company.
Following Admission, the Company's enlarged issued share capital will comprise 49,114,547 Ordinary Shares. The Company holds 294,000 Ordinary Shares in treasury, therefore the total number of voting rights in the Company will be 48,820,547.
The figure of 48,820,547 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
ENQUIRIES
Intercede Group plc
Tel. +44 (0)1455 558111
Andrew Walker, Finance Director



finnCap
Tel. + 44 (0)20 7220 0500
Stuart Andrews, Corporate Finance

Joanna Scott, Corporate Broking



About Intercede
Intercedeis a software and service company specializing in identity, credential management and secure mobility. Its solutions create a foundation of trust between connected people, devices and apps and combine expertise with innovation to provide world-class cybersecurity. Intercede has been delivering solutions to high profile customers, from the US and UK governments to some of the world's largest corporations, telecommunications providers and information technology firms, for over 20 years. Intercede's product portfolio includes MyID, an identity and credential management system that assigns trusted digital identities to employees citizens and machines. In 2015, Intercede launched MyTAM, enabling trusted applications to be loaded into a mobile device's Trusted Execution Environment (TEE), providing hardware-level security for Android apps.
For more information visit: www.intercede.com 
 

This information is provided by RNS
The company news service from the London Stock Exchange
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