TIDMALL

RNS Number : 6872A

Allocate Software PLC

22 March 2013

22 March 2013

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Exercise of Share Options

On 21 March 2013, the Company issued 80,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of options under the Company's Enterprise Management Incentive share option scheme.

Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to commence on 28 March 2013 ("Admission"). Upon Admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.

After admission of these new shares, Allocate Software plc will have 64,135,528 Ordinary Shares in issue.

Enquiries:

 
 Allocate Software plc                   Tel: +44 (0) 20 7355 5555 
  Chris Gale - Chief Financial Officer 
 Numis Securities                        Tel: +44 (0) 20 7260 1000 
  Nominated adviser - Michael Meade / 
  Richard Thomas 
  Corporate Broking - James Black 
 Gable Communications                    Tel: +44 (0) 20 7193 7463 
  Justine James                           +44 (0) 7525 324 431

This information is provided by RNS

The company news service from the London Stock Exchange

END

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