29 Nov 2010 11:48
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29 November 2010
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Allocate Software plc
("Allocate" or "the Company")
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Exercise of Share Options
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On 29 November 2010, the Company issued 55,000 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.
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Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 3 December 2010 ("Admission"). Upon Admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.
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After admission of these new shares, Allocate Software plc will have 62,981,843 Ordinary Shares in issue.
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Enquiries:
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Allocate Software Chris Gale - Chief Financial Officer Β | Β Tel: +44 (0) 20 7355 5555 |
Numis Securities Nominated adviser - Michael Meade / Richard Thomas Corporate Broking - James Black Β | Β Tel: +44 (0) 20 7260 1000 |
Hansard Communications Justine James / Kirsty Corcoran Β | Β Tel: +44 (0) 20 7245 1100 |
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