6th Nov 2013 12:52
LONDON (Alliance News) - Allocate Software PLC Wednesday said Chief Executive Officer Ian Bowles exercised share options over 1 million shares under the company's share option scheme and then sold 668,802 shares at a price of 112 pence per share retaining 331,198 of the resulting shares issued Monday.
Following the transaction, Bowles is interested in 679,698 shares, representing approximately 1.0% of the total issued share capital of the company.
Shares in the workforce optimisation software company were up 1.35% at 113.00 pence Wednesday morning.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
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