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2 Nov 2011 09:47
2 November 2011
ALLOCATE SOFTWARE PLC
("Allocate" or "the Company")
Exercise of Share Options
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.
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.
After admission of these new shares, Allocate Software plc will have 63,523,153 Ordinary Shares in issue.
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
| Tel: +44 (0) 20 7260 1000 |
Gable Communications Justine James
| Tel: +44 (0) 20 7193 7463 +44 (0) 7525 324 431
|
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