Exercise of Options

RNS Number : 0477S
Allocate Software PLC
14 November 2011
 



14 November 2011

 

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

 

 

Exercise of Share Options

 

 

On 11 November 2011, the Company issued 20,000 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 17 November 2011 ("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 63,543,153 Ordinary Shares in issue.

 

 

Enquiries:

Allocate Software plc

Chris Gale - Chief Financial Officer

                                                     

Tel: +44 (0) 20 7355 5555

Numis Securities

Nominated adviser - Michael Meade / Richard Thomas

Corporate Broking - James Black

 

Tel: +44 (0) 20 7260 1000

Gable Communications

Justine James

 

Tel: +44 (0) 20 7193 7463

       +44 (0) 7525 324 431

 

 


This information is provided by RNS
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