Director/PDMR Shareholding and Issue of equity (1710F)
12 Juni 2012 - 11:13AM
UK Regulatory
TIDMIGP
RNS Number : 1710F
Intercede Group PLC
12 June 2012
12 June 2012
Intercede Group plc
("Intercede" or the "Company")
Director Share Dealings and Issue of Equity
The Company announces that on 11 June 2012 Andrew Walker, the
Finance Director of the Company, exercised the 240,000 unapproved
share options over ordinary shares of 1p each in Intercede
("Ordinary Shares") that were granted to him on 3 July 2002 at an
exercise price of 40.5p per Ordinary Share. Application has been
made for 240,000 Ordinary Shares to be admitted to trading on AIM
and dealings are expected to commence in the new Ordinary Shares on
15 June 2012.
Intercede was also informed on 11 June 2012 that, on the same
date and prior to the exercise of the above options, 207,122
Ordinary Shares were purchased by the self-invested personal
pension (SIPP) of Andrew Walker at 60.5p per share from his own
beneficial holding.
Following the exercise of options, the Company has 48,668,005
Ordinary Shares in issue. There are 57,975 Ordinary Shares held in
Treasury. The total number of voting rights in the Company is
therefore 48,610,030. This number may be used by shareholders as
the denominator for the calculation by which they may determine if
they are required to notify their interest in, or a change in their
interest in, the Company under the Disclosure and Transparency
Rules.
Further to these transactions, Mr. Walker has increased his
shareholding from 1,376,227 to 1,616,227 Ordinary Shares (207,122
of which are held in a SIPP) which represents 3.32% of the
Company's total voting rights.
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455
558111
Richard Parris, Chairman
& Chief Executive
Andrew Walker, Finance
Director
FinnCap Tel. + 44 (0)20
7220 0500
Sarah Wharry
Rose Herbert
This information is provided by RNS
The company news service from the London Stock Exchange
END
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