Notification of Major Interes

RNS Number : 8779N

Allocate Software PLC

18 June 2010

 



18 June 2010

Allocate Software plc

("the Company")

Notification of Major Interest in Shares

The Company has today received notification that, on 11 June 2010, Gartmore Investment Limited disposed of 1,355,000 ordinary shares of 5p ("Ordinary Shares") in the Company.

As a result:

Gartmore Fund Managers Limited now holds 2,256,719 Ordinary Shares, representing 3.69% of the Company's issued share capital;

Gartmore Investment Limited holds 4,512,922 Ordinary Shares, representing 7.37% of the Company's issued share capital.

The combined Gartmore holding is therefore 6,769,641 Ordinary Shares, representing 11.06% of the Company's issued share capital.

 

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

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

 

 

 

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