Excercise of Share Options
20/05/2010 2:26pm
UK Regulatory
TIDMALL
RNS Number : 2862M
Allocate Software PLC
20 May 2010
20 May 2010
Allocate Software plc
("Allocate" or "the Company")
Exercise of Share Options
On 20 May 2010, the Company issued 9,400 ordinary shares of 5 pence each
("Ordinary Shares") following the exercise of options under the Company's
Approved and Enterprise Management Incentive share option schemes.
Application has been made for the Ordinary Shares to be admitted to AIM, with
trading expected to commence on 26 May 2010 ("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 61,195,314
Ordinary Shares in issue.
Enquiries:
+-----------------------------------------+------------------------+
| Allocate Software | |
| Chris Gale - Chief Financial Officer | Tel: +44 (0) 20 7355 |
| | 5555 |
+-----------------------------------------+------------------------+
| Numis Securities | |
| Nominated adviser - Michael Meade / | Tel: +44 (0) 20 7260 |
| Brent Nabbs | 1000 |
| Corporate Broking - James Black | |
| | |
+-----------------------------------------+------------------------+
| Hansard Communications | Tel: +44 (0) 20 7245 |
| Justine James | 1100 |
| Kirsty Corcoran | |
| | |
+-----------------------------------------+------------------------+
About Allocate Software
Allocate Software plc is the leading workforce 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, Maritime and
Government & Education.
At the core of the business is Allocate's workforce optimisation software
application, 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 Software is quoted on the London Stock Exchange (AIM: ALL). For
further information please visit www.allocatesoftware.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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