Exercise of Options

RNS Number : 4645Q

Allocate Software PLC

19 October 2011

 



ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Exercise of Share Options

On 19th October 2011, the Company issued 440,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of options under the Company's Approved and Non Approved Share Option Schemes.

Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 25 October 2011 ("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 63,514,353 Ordinary Shares in issue.

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]        [phone]

 

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