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Director/PDMR Shareholding

2nd Mar 2010 07:00

RNS Number : 8955H
Intercede Group PLC
02 March 2010
 



2 March 2010

 

Intercede Group plc

("Intercede" or the "Company")

Director Share Dealings

In response to institutional demand, Richard Parris, Chairman and CEO of Intercede (AIM: IGP.L) has sold 1,000,000 Intercede shares, representing 2.08 per cent. of the voting rights of the Company, to leading technology investor Herald Investment Trust at a price of 42.5 pence per share.

 

Intercede is a leading producer of Identity and Credential Management software called MyID, which manages the secure registration, issuance and life cycle of digital identities for a wide range of uses.

 

Following this sale on 1 March 2010, Richard Parris and his immediate family will own 5,472,232 shares representing 11.36 per cent. of the total voting rights of the Company.

 

For more information please contact:

 

Intercede Group plc

Tel. +44 (0)1455 558 111

Andrew Walker, Finance Director

FinnCap

Tel. +44 (0)20 7600 1658

Clive Carver / Rhydian Bankes, Corporate Finance

Tom Jenkins, Corporate Broking

Pelham Bell Pottinger

Tel. +44 (0)20 7337 1509

Archie Berens

 

 

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