Director/PDMR Shareholding

RNS Number : 2963S

Allocate Software PLC

06 November 2013

 



06 November 2013

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Exercise of Share Options & Director Shareholdings

On 04 November 2013, the Company issued 1,000,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of 1,000,000 options under the Company's Enterprise Management Incentive and Unapproved share option schemes, by Ian Bowles, who subsequently sold 668,802 shares at a price of 112 pence per share, thereby retaining 331,198 of the resulting shares issued.  Following this transaction, Ian Bowles is interested in 679,698 ordinary shares, representing approximately 1.0% of the total issued share capital of the Company.

Enquiries:

Allocate Software plc                   Chris Gale - Chief Financial Officer	Tel: [phone]
Numis Securities                        Nominated adviser - Simon Willis / Richard Thomas Corporate Broking - James Black	Tel: [phone]
Gable Communications                    Justine James	Tel: [phone]

 

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