15 Sep 2010 17:04
RNS Number : 7745S
Allocate Software PLC
15 September 2010
15 September 2010
Allocate Software plc
("Allocate" or "the Company")
Exercise of Share Options
On 14 September 2010, the Company issued 676,890 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 21 September 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 61,872,204 Ordinary Shares in issue.
Enquiries:
| Allocate Software Chris Gale - Chief Financial Officer | Tel: 020 7355 555 |
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