Allocate Software plc
LSE : ALL

Allocate Software plc

October 07, 2009 06:07 ET

Exercise of Share Options

7 October 2009
                                                ALLOCATE SOFTWARE PLC
                                                   ("the Company")
                                                          
                                                          
                                              EXERCISE OF SHARE OPTIONS

On  7  October  2009,  the  Company issued 10,000 ordinary shares of 5 pence each ("Ordinary  Shares")  following  the
exercise of options under the Company's Enterprise Management Incentive Scheme.

Application  has been made for the Ordinary Shares, which rank pari passu with all existing shares, to be admitted  to
trading on AIM. Dealings in the Ordinary Shares are expected to commence on 13 October 2009.

Following the exercise of these options, Allocate Software plc will have 44,725,625 Ordinary Shares in issue.



Enquiries:

Allocate Software                                                   
Ian Bowles - Chief Executive Officer                                Tel: +44 (0) 20 7355 5555
Simon Thorne - Chief Financial Officer

Numis Securities                                                    
Nominated adviser - Michael Meade / Brent Nabbs                     Tel: +44 (0) 20 7260 1000
Corporate Broking - James Black
                                                                    
Hansard Group                                                       
Justine James                                                       Tel: +44 (0) 20 7245 1100
John Bick                                                           


About Allocate Software
Allocate  Software  plc  is  the  leading  workforce  optimisation  software  applications  provider  for  world-wide
organisations with large, multi-skilled workforces.  With over 18 years' experience, they ensure customers can  match
operational  demands  with  workforce  supply.   Using  MAPS, Allocate  Software's  workforce  optimisation  software
application, organisations can deploy the right people and right skills, to the right place at the right time.   With
corporate headquarters in London, regional offices in the UK, USA, Australia and Malaysia, Allocate Software  provide
services  and  support to an international customer base across Europe, North America and Asia Pacific.   Founded  in
1991,  Allocate  Software  plc  is  listed  on  the  AIM  market  of  the  London  Stock  Exchange  ("ALL").   Please
visit www.allocatesoftware.com for further information.

Contact Information

  • Allocate Software plc