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Exercise of Share Options

8 Nov 2010 10:05

RNS Number : 7760V
Allocate Software PLC
08 November 2010
 



Allocate Software plc

("Allocate" or "the Company")

 

Exercise of Share Options

On 4 November 2010 the Company issued 529,872 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 10 November 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 62,926,843 Ordinary Shares in issue.

 

 

Enquiries:

 

Allocate Software

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

 

 

Tel: +44 (0) 20 7245 1100

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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