ShareSoc has recommended voting against the three non-executive directors at the forthcoming AGM of Intercede Group. They all sit on the Remuneration Committee that awarded the LTIP - the source of many complaints. They are not truly independent and corporate governance is generally poor at this company. See www.sharesoc.org/Intercede_Update_4.pdf for a full explanation.
Roger Lawson
Disclaimer:
The author may hold shares in this company, all opinions are his own and you should check any statements that appear factual and not rely on them before making an investment decision. The author is NOT a qualified analyst nor authorised to give investment advice. Whilst the author is a director of ShareSoc, all views expressed are entirely his own and not necessarily those of ShareSoc.
Intercede Group plc is a United Kingdom-based holding company. The Company together with its subsidiaries is a developer and supplier of identity and credential management software. The Company’s MyID software manages the secure registration and verification of identities and issuance and lifecycle management of devices and credentials. The MyID identity management platform enables global organizations and governments to create digital identities for employees and citizens on secure devices, such as smartcards, smartphones and tablets. The Company operates in global markets, including the United States, Europe and Middle East and works with international partners, including BT, Gemalto, HP, Microsoft, Oberthur, SafeNet, Symantec and Thales to deliver digital identity solutions that are interoperable with other existing technologies and which are tailored to customer needs. more »

