Retirement of Director & Director Shareholding

RNS Number : 5877O

Allocate Software PLC

23 September 2013

 



23 September 2013

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Retirement of Director & Director Shareholding

After 15 years as a Non-Executive Director of Allocate, Ian Lang has advised the Board that he will be retiring from the Board and will not be standing for re-election at the forthcoming Annual General Meeting. The Company would like to thank Ian for his invaluable contribution to the Board during the time he has served as a Non-Executive Director.

Separately, Ian Lang notified the Company that on 20 September 2013 220,000 ordinary shares in the Company in which he is interested were sold at a price of 101p pence per share. Following this transaction, Ian Lang is interested in 66,437 ordinary shares, representing approximately 0.1% of the total issued share capital of the Company.

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]

 

END

 

 

BOASESFSEFDSEIU