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    Allocate Software - Exercise of Options

    AFX CNF – Thu, May 17, 2012 16:22 BST

    Companies:

    RELATED QUOTES

    SymbolPriceChange
    ALL.L76.96-0.04

    17 May 2012

    ALLOCATE SOFTWARE PLC

    ("Allocate" or "the Company")

    Exercise of Share Options

    On 17th May 2012, the Company issued 21,300 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of options under the Company's 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 23rd May 2012 ("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 (LSE: ALL.L - news) plc will have 63,841,253 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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