4th Nov 2013 11:28
04 November 2013
ALLOCATE SOFTWARE PLC
("Allocate" or "the Company")
Exercise of Share Options & Director Shareholdings
On 04 November 2013, the Company issued 500,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of 500,000 options under the Company's Enterprise Management Incentive and Unapproved share option schemes, by Allen Swann, who subsequently sold 223,882 shares at a price of 112 pence per share, thereby retaining 276,118 of the resulting shares issued. Following this transaction, Allen Swann is interested in 276,118 ordinary shares, representing approximately 0.4% 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