Grant of Share Options to Dir

RNS Number : 6555L

Allocate Software PLC

10 May 2010

 



10 May 2010

ALLOCATE SOFTWARE PLC

("the Company")

Grant of Share Options to Directors

The Company announces that, on 7 May 2010, Ian Bowles, Chris Gale, Allen Swann and Terry Osborne were granted options over ordinary shares of 5p each in the Company, as detailed in the table below at an exercise price of 70.25p per share.

These options were granted pursuant to the Allocate Software plc EMI scheme and the unapproved scheme and are exercisable from 7 May 2013.

Name	Position	No of Options Granted
Ian Bowles	Chief Executive	600,000
Chris Gale	Chief Financial Officer	500,000
Allen Swann	Director	250,000
Terry Osborne	Chairman	50,000

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 plc

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: Defence, Maritime, Healthcare 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 is quoted on the London Stock Exchange (AIM: ALL). For further information please visit www.allocatesoftware.com.

 

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