Exercise of Options, PDMR Shareholding & TVR
Intercede Group PLC announced that Chief Financial Officer Nitil Patel exercised 500,000 share options at 38.0 pence per share, increasing his total shareholding to 560,097 ordinary shares, representing 0.92 per cent. of the company's voting rights. The company has applied for 500,000 new ordinary shares to be admitted to trading on AIM on or around 24 July 2026, at which point the total number of voting rights will be 60,662,546.
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Intercede, the leading cybersecurity software company specialising in digital identities, announces that it received notification of exercise from Nitil Patel, Chief Financial Officer, in relation to 500,000 share options ("Options") over ordinary shares of 1p each in the Company ("Ordinary Shares") at an exercise price of 38.0 pence pursuant to the Company's Enterprise Management Incentive Plan (the "Exercise").
Following this exercise, Nitil Patel is now interested in 560,097 Ordinary Shares in the Company, representing 0.92 per cent. of the Company's total voting rights.
Accordingly, application has be made for 500,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on or around 24 July 2026.
The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following Admission, The Company will have 61,036,452 Ordinary Shares, each with voting rights. The Company holds 373,906 Ordinary Shares in treasury, therefore the total number of voting rights in the Company is 60,662,546. Accordingly, the figure of 60,562,446 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.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Nitil Patel | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Chief Financial Officer | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| a) | Name | Intercede Group plc | ||||
| b) | LEI | 2138001HHZHVUMKZ8968 | ||||
| a) | Description of the Financial instrument, type of instrument | Ordinary Shares of 1 pence | ||||
| Identification code | GB0003287249 | |||||
| b) | Nature of the transactions | Exercise of Options | ||||
| c) | Date(s), Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volumes · Prices | As above | ||||
| e) | Date of the transaction | 20 July 2026 | ||||
| f) | Place of the transaction | Outside of trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.