Director/PDMR Shareholding

RNS Number : 1140S

Allocate Software PLC

04 November 2013

 



04 November 2013

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Exercise of Share Options & Director Shareholdings

On 04 November 2013, the Company issued 500,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of 500,000 options under the Company's Enterprise Management Incentive and Unapproved share option schemes, by Allen Swann, who subsequently sold 223,882 shares at a price of 112 pence per share, thereby retaining 276,118 of the resulting shares issued.  Following this transaction, Allen Swann is interested in 276,118 ordinary shares, representing approximately 0.4% of the total issued share capital of the Company.

Enquiries:

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

 

END

 

 

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