Exercise of Options

RNS Number : 4486B
Allocate Software PLC
17 April 2012
 



17 April 2012

 

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

 

 

Exercise of Share Options

 

 

On 13 April 2012, the Company issued 55,000 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 20 April 2012 ("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 63,701,153 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
The company news service from the London Stock Exchange
 
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