Grant of Share Options to Directors

RNS Number : 4284C

Allocate Software PLC

17 March 2014

 



17 March 2014

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Grant of Share Options to Directors

The Company has today granted an award of share options under the Company's Unapproved option schemes to each of the following Directors to acquire ordinary shares of 5p each in the Company at a strike price of 116.5p per share as detailed below.

Director	New share options awarded		Total number of share options held
	Exercisable from 17 March 2015	Exercisable from 17 March 2017
Allen Swann	50,000	50,000	300,000
Ian Bowles	150,000	-	1,150,000

Enquiries:

Allocate Software plc Ian Bowles - Chief Executive Officer Chris Gale - Chief Financial Officer	Tel: [phone]
Numis Securities Nominated adviser - Simon Willis / Richard Thomas Corporate Broking - James Black	Tel: [phone]
FTI Consulting Matt Dixon, Chris Lane, Elodie Castagna	Tel : [phone]

About Allocate Software plc

Allocate Software is the leading workforce and corporate governance software solutions 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 Healthcare and Defence.

The experience and in-depth knowledge gained in the UK and internationally has enabled Allocate to invest in developing innovative solutions that are relevant to the constantly evolving market needs of its customers. At the core of the business is Allocate's workforce optimisation software, which streamlines the whole workforce management of multi-disciplinary groups, across diverse locations.

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). 

 

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