4th Nov 2013 13:14
LONDON (Alliance News) - Allocate Software PLC Monday said it issued 500,000 new shares to Business Development Director Allen Swan following his exercise of options under the company's incentive and share option schemes.
Swan then sold 223,882 of the shares at a price of 112 pence per share, retaining 276,118, representing his only holding in the company, about 0.4% of the total.
Shares in the workforce optimization software company were down 0.8% at 111.14 pence each Monday afternoon.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
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