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: +44 (0) 20 7355 5555

Numis Securities

Nominated adviser - Simon Willis / Richard Thomas

Corporate Broking - James Black

 

Tel: +44 (0) 20 7260 1000

FTI Consulting

Matt Dixon, Chris Lane, Elodie Castagna

Tel : +44 (0) 20 7831 3113

 

 

 

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). 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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