Exercise of Options

RNS Number : 7208X

Allocate Software PLC

20 February 2012

 



20 February 2012

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Exercise of Share Options

On 16^th February 2012, the Company issued 50,000 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 24 February 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 63,613,153 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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