Exercise of Share Options

RNS Number : 8816K

Allocate Software PLC

02 August 2013

 



2 August 2013

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Exercise of Share Options

On 31 July 2013, the Company issued 110,000 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 8 August 2013 ("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 64,315,528 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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