Notification of Major Interest in Shares

RNS Number : 8815B

Allocate Software PLC

25 February 2011

 



25 February 2011

ALLOCATE SOFTWARE PLC

("the Company")

Notification of Major Interest in Shares

The Company has received the following notifications that on 23 February 2011:

BlackRock, Inc acquired 4,000,000 ordinary shares of 5p ("Ordinary Shares") in the Company, increasing its stake to a total holding of 7,600,000, representing 12.06% of the Company's issued share capital; and

 BlackRock UK Smaller Companies Fund acquired 1,976,000 ordinary shares of 5p ("Ordinary Shares") in the Company, representing 3.14% of the Company's issued share capital.

Enquiries:

Allocate Software plc Chris Gale - Chief Financial Officer	Tel: [phone]
Numis Securities Nominated adviser - Michael Meade / Richard Thomas Corporate Broking - James Black	Tel: [phone]
Gable Communications Justine James	Tel: [phone]        [phone]

About Allocate Software plc

Allocate Software plc is the leading workforce and compliance 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 and Maritime.

At the core of the business is Allocate's workforce optimisation software, 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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