(Sharecast News) - Intercede Group revealed on Monday that chief financial officer Nitil Patel had acquired 500,000 ordinary shares in the AIM-listed cybersecurity software firm.

Patel, who joined the board of Intercede in 2001, purchased the shares at an average price of 38p each, for a total value of £190,000.

Following the transaction, Patel holds a beneficial interest in 560,097 ordinary Intercede shares, representing approximately 0.92% of the company's issued share capital.

As of 1530 BST, Intercede shares were up 0.53% at 112.09p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Intercede Group (IGP)

Director name: Patel,Nitil

Amount purchased: 500,000 @ 38.00p

Value: £190,000.00

Diploma (DPLM)

Director name: Gradden,Mandy

Amount purchased: 1,000 @ 7,182.93p

Value: £71,829.30

Fevara (FVA)

Director name: Jones ,Tim

Amount purchased: 40,000 @ 138.00p

Value: £55,200.00

Diploma (DPLM)

Director name: Ng,Wilson

Amount purchased: 424 @ 7,066.00p

Value: £29,959.84

Steppe Cement Ltd (STCM)

Director name: del Ser Perez,Javier

Amount purchased: 122,000 @ 21.50p

Value: £26,230.00

Telecom Plus (TEP)

Director name: Stent,Carla

Amount purchased: 2,833 @ 880.00p

Value: £24,930.40

Diploma (DPLM)

Director name: Bickerstaffe ,Katie

Amount purchased: 133 @ 7,047.58p

Value: £9,373.29

Judges Scientific (JDG)

Director name: Elman,Ralph

Amount purchased: 122 @ 4,917.50p

Value: £5,999.35

Diploma (DPLM)

Director name: Bickerstaffe ,Katie

Amount purchased: 47 @ 7,050.00p

Value: £3,313.50

Judges Scientific (JDG)

Director name: Ormsby,Bradley Leonard

Amount purchased: 63 @ 4,917.50p

Value: £3,098.02

Saga (SAGA)

Director name: Hazell ,Mike

Amount purchased: 276 @ 651.98p

Value: £1,799.46

Saga (SAGA)

Director name: Watkins,Mark

Amount purchased: 276 @ 651.98p

Value: £1,799.46

Top Director Sells

Autotrader Group (AUTO)

Director name: Coe,Nathan

Amount sold: 70,158 @ 496.67p

Value: £348,456.55

Autotrader Group (AUTO)

Director name: Warner,Jamie

Amount sold: 32,481 @ 496.67p

Value: £161,324.69