Last checked at 1 Oct 2010 17:09
1 October 2010
Allocate Software plc
("Allocate" or "the Company")
Exercise of Share Options
On 27 September 2010, the Company issued 400,000 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.
Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 4 October 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 62,296,971 Ordinary Shares in issue.
Enquiries:
| Allocate Software Ian Bowles - Chief Executive Officer Chris Gale - Chief Financial Officer
|
Tel: +44 (0) 20 7355 5555 |
| Numis Securities Nominated adviser - Michael Meade / Richard Thomas Corporate Broking - James Black
|
Tel: +44 (0) 20 7260 1000 |
| Hansard Communications Justine James / Kirsty Corcoran
|
Tel: +44 (0) 20 7245 1100 |