28th Oct 2013 15:15
28 October 2013
ALLOCATE SOFTWARE PLC
("Allocate" or "the Company")
Exercise of Share Options & Director Shareholdings
On 25 October 2013, the Company issued 157,844 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of 157,844 options under the Company's Enterprise Management Incentive and Unapproved share option schemes, by Terry Osborne, who subsequently sold 96,483 shares at a price of 103 pence per share, thereby retaining 61,361 of the resulting shares issued. Following this transaction, Terry Osborne is interested in 403,517 ordinary shares, representing approximately 0.6% of the total issued share capital of the Company.
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 |
Related Shares:
Atlantic Lithium