31 October 2012
ALLOCATE SOFTWARE PLC
("Allocate" or "the Company")
Board Appointment
Allocate Software plc (AIM: ALL), the leading provider of workforce and compliance optimisation solutions, has appointed Lynn Drummond (53) as a Non-Executive Director. She will join the board with effect from 1 November 2012.
Dr. Drummond has a strong track record within the life sciences sector, bringing over twenty years of management and advisory experience. Lynn spent 16 years at Rothschild in London most recently as a Managing Director within the investment banking division, with a particular focus on transactions within the healthcare sector. Prior to this she worked in the Cabinet Office in London as Private Secretary to the Chief Scientific Advisor. Lynn is also a non-executive director of Consort Medical plc and Alimentary Health Ireland.
Dr. Drummond holds a Bachelor of Science Degree in Chemistry from the University of Glasgow and a PhD in Biochemistry from the University of London. She is also a Fellow of the Royal Society of Chemistry and a Fellow of the Royal Society of Edinburgh.
Commenting on the appointment, Terry Osborne, Chairman of Allocate Software plc said: "I am delighted to welcome Lynn to the Board of Directors of Allocate Software. Lynn is a high calibre individual with significant success and experience of governance in highly regarded healthcare organisations, government and the financial markets. Her appointment will further strengthen our Board as Allocate becomes a more significant and influential player in its markets."
Lynn Drummond commented: "I am very pleased to be joining the Board of Allocate Software. The Company has enjoyed rapid growth and great success in recent years, notably in the healthcare sector and I am looking forward to working with the team to help them achieve their ambitious plans in the next phase of growth."
Details of Dr Drummond's current and previous directorships and partnerships in the past five years are set out below.
Current directorships and partnerships: Consort Medical plc Alimentary Health, Ireland |
Previous directorships and partnerships: Breast Cancer Haven
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She does not currently hold any ordinary shares in Allocate Software plc.
There is no further information in connection with the appointment of Dr Drummond to the Board of Directors which is required to be disclosed in accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies.
Enquiries:
Allocate Software plc Ian Bowles - Chief Executive Officer Chris Gale - Chief Financial Officer
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Tel: +44 (0) 20 7355 5555 |
Numis Securities Limited (NOMAD / Corporate Broker) Nominated adviser - Michael Meade / Simon Willis / Richard Thomas Corporate Broking - James Black
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Tel: +44 (0) 20 7260 1000 |
Gable Communications Justine James John Bick
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Tel: +44 (0) 20 7193 7463 +44 (0) 7525 324 431
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About Allocate Software plc
Allocate Software plc is the leading workforce and compliance optimisation software applications provider for world-wide organisations with large, multi-skilled workforces. With a blue chip client base spanning the public and private sector, its key vertical markets include: Healthcare and Defence.
At the core of the business is Allocate's workforce optimisation software, which organisations use to deploy the right people with the right skills, to the right place at the right time. Headquartered in London, Allocate provides services and support to its increasing international customer base through regional offices in the UK, Sweden, USA, Australia and Malaysia.
Allocate is quoted on the London Stock Exchange (AIM: ALL). For further information please visit www.Allocatesoftware.com.