REG - Intercede Group PLC - Transaction in Own Shares

IntercedeAnnouncement

05/12/2024 07:00

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RNS Number : 8677O  Intercede Group PLC  05 December 2024

5 December 2024

 

INTERCEDE GROUP plc

 

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

 

Transaction in Own Shares

 

Intercede, the leading cybersecurity software company specialising in digital
identities, announces that, in accordance with the terms of its share buyback
programme announced on 25 October 2024, the Company has purchased 13,478
ordinary shares of 1 pence each in the capital of the Company (the "Shares")
in the market at a volume weighted average price of 163.22 pence per Share
through Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired
will, in due course, be held in treasury.

 

 

Aggregated Information

 

 Date of Purchase:                                       4 December
 Aggregate Number of Shares Purchased:                  13,478
 Lowest Price Paid per Share (pence):                   163.22
 Highest Price Paid per Share (pence):                  163.22
 Volume-Weighted Average Price Paid per Share (pence):  163.22

 

 

Following this transaction, Intercede will have 58,830,857 ordinary shares of
1 pence each in issue and 313,581 ordinary shares are held in treasury.
Accordingly, the figure of 58,517,276 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.

 

 

 Individual Transactions
 Number of Shares purchased  Transaction price (pence per Share)  Time of transaction  Venue
 13,478                      163.22                               16:08                AIMX

 

ENQUIRIES

 Intercede Group plc                                     Tel. + 44 (0)1455 558111
 Klaas van der Leest                                     CEO
 Nitil Patel                                             CFO

 Cavendish Capital Markets Limited (Nomad & Broker)      Tel. + 44 (0)20 7220 0500
 Marc Milmo/Fergus Sullivan/Rory Sale                    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 (http://www.intercede.com)

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