Director Shareholding

RNS Number : 5839L

Allocate Software PLC

10 May 2010

 



10 May 2010

ALLOCATE SOFTWARE PLC

("the Company")

Director Shareholding

The Company was notified on 7 May 2010 that on that day Mark Loveland, non executive director of the Company, had transferred 650,000 ordinary shares of 5p each in the Company ("Ordinary Shares") from his investment account to a SIPP in which Mark Loveland and his wife are joint beneficiaries. The transfer was carried out at a price of 70.25 pence per Ordinary Share.

Following this transaction, Mark Loveland is deemed to have an unchanged total beneficial interest of 1,550,000 Ordinary Shares, representing approximately 2.53% of the total issued share capital of the Company. 

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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