Intercede Group PLC Sale of Property (3512V)
April 08 2019 - 1:00AM
UK Regulatory
TIDMIGP
RNS Number : 3512V
Intercede Group PLC
08 April 2019
8 April 2019
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
Sale of Property
Intercede, the leading specialist in digital identity,
credential management and secure mobility, is pleased to announce
that the sale of one of its UK properties was completed on 5 April
2019.
This property was no longer required following the Group's
change in strategy as reported in the 2018 Annual Report.
The sale resulted in net proceeds of GBP422,000 and a profit on
disposal of GBP50,000.
Further detail will be provided within Intercede's final results
which are expected to be published in June 2019.
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455 558 111
Klaas van der Leest, Chief Executive
Andrew Walker, Finance Director
finnCap Tel. +44 (0)20 7220 0500
Stuart Andrews, Corporate Finance
Simon Hicks, Corporate Finance
About Intercede
Intercede is a cybersecurity company specialising in digital
identities, derived credentials and access control, enabling
digital trust in a mobile world.
Headquartered in the UK, with offices in the US, we believe in a
connected world in which people and technology are free to exchange
information securely, and complex insecure passwords become a thing
of the past.
Our vision is to make the highest levels of cybersecurity
available to organizations and consumers alike, solving complexity
and scalability issues by managing high volumes of digital
credentials.
We have been delivering trusted solutions to high profile
customers for over 20 years. Our team of experts has deployed
millions of identities to governments, most of the largest
aerospace and defence corporations, and major financial services
and healthcare organizations, as well as leading
telecommunications, cloud services and information technology
firms, providing industry-leading employee and customer credential
management systems.
For more information visit: www.intercede.com
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
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END
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