6th Nov 2013 07:00
06 November 2013
ALLOCATE SOFTWARE PLC
("Allocate" or "the Company")
Exercise of Share Options & Director Shareholdings
On 04 November 2013, the Company issued 1,000,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of 1,000,000 options under the Company's Enterprise Management Incentive and Unapproved share option schemes, by Ian Bowles, who subsequently sold 668,802 shares at a price of 112 pence per share, thereby retaining 331,198 of the resulting shares issued. Following this transaction, Ian Bowles is interested in 679,698 ordinary shares, representing approximately 1.0% 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 - Simon Willis / 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