28th Oct 2013 15:41
LONDON (Alliance News) - Allocate Software PLC Monday said Executive Chairman Terry Osborne exercised his rights over 157,844 options under the company's Enterprise Management Incentive and Unapproved share option schemes on October 25.
The workforce organisation and logistics software company said Osborne immediately sold 96,483 shares at a price of 103 pence per share.
Following the transaction, Osborne holds 403,517 shares, or roughly 0.6% of the company's share capital.
Allocate Software shares were up 0.5% to 104 pence Monday.
By Tom McIvor; [email protected]; @TomMcIvor1
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