Excercise of Share Options

RNS Number : 2862M

Allocate Software PLC

20 May 2010

 



20 May 2010

Allocate Software plc

("Allocate" or "the Company")

Exercise of Share Options

On 20 May 2010, the Company issued 9,400 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of options under the Company's Approved and Enterprise Management Incentive share option schemes.

Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 26 May 2010 ("Admission").  Upon Admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.

After admission of these new shares, Allocate Software plc will have 61,195,314 Ordinary Shares in issue.

 

Enquiries:

Allocate Software Chris Gale - Chief Financial Officer	Tel: [phone]
Numis Securities Nominated adviser - Michael Meade / Brent Nabbs Corporate Broking - James Black	Tel: [phone]
Hansard Communications Justine James Kirsty Corcoran	Tel: [phone]

 

About Allocate Software

Allocate Software plc is the leading workforce 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, Defence, Maritime and Government & Education.

At the core of the business is Allocate's workforce optimisation software application, 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 Software is quoted on the London Stock Exchange (AIM: ALL).   For further information please visit www.allocatesoftware.com.

 

 

 

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