Exercise of Options

RNS Number : 2169D

Allocate Software PLC

11 May 2012

 



11 May 2012

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Exercise of Share Options

On 9^th May 2012, the Company issued 66,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of options under the Company's Enterprise Management Incentive share option scheme.

Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 16^th May 2012 ("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 63,819,953 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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