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Intercede Group PLC purchased 10,714 of its ordinary shares through Cavendish Capital Markets Limited on 29 November 2024, as part of its share buyback programme. The shares were acquired at a volume weighted average price of 152.68 pence per share and will be held in treasury. Following this transaction, Intercede Group PLC has 58,830,857 ordinary shares in issue and 300,103 ordinary shares held in treasury.
| Date | 2 Dec 2024 |
| Time | 07:00:04 |
| Category | Capital structure |
| ID | 2647O |
2 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 10,714 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 152.68 pence per Share through Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in due course, be held in treasury.
Aggregated Information
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Date of Purchase: |
29 November 2024 |
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Aggregate Number of Shares Purchased: |
10,714 |
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Lowest Price Paid per Share (pence): |
152.68 |
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Highest Price Paid per Share (pence): |
152.68 |
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Volume-Weighted Average Price Paid per Share (pence): |
152.68 |
Following this transaction, Intercede will have 58,830,857 ordinary shares of 1 pence each in issue and 300,103 ordinary shares are held in treasury. Accordingly, the figure of 58,530,754 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.
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Individual Transactions |
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Number of Shares purchased |
Transaction price (pence per Share) |
Time of transaction |
Venue |
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10,714 |
152.68 |
16:47 |
AIMX |
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ENQUIRIES
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Intercede Group plc |
Tel. + 44 (0)1455 558111 |
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Klaas van der Leest |
CEO |
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Nitil Patel |
CFO |
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Cavendish Capital Markets Limited (Nomad & Broker) |
Tel. + 44 (0)20 7220 0500 |
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Marc Milmo/Fergus Sullivan/Rory Sale |
Corporate Finance |
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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