2 Nov 2011 09:47
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2 November 2011
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ALLOCATE SOFTWARE PLC
("Allocate" or "the Company")
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Exercise of Share Options
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On 1 November 2011, the Company issued 8,800 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of options under the Enterprise Management Incentive share option scheme.
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Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 7 November 2011 ("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 63,523,153 Ordinary Shares in issue.
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Enquiries:
Allocate Software plc Chris Gale - Chief Financial Officer
| Tel: +44 (0) 20 7355 5555 |
Numis Securities Nominated adviser - Michael Meade / Richard Thomas Corporate Broking - James Black Β | Tel: +44 (0) 20 7260 1000 |
Gable Communications Justine James Β | Tel: +44 (0) 20 7193 7463 +44 (0) 7525 324 431 Β |
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