Allocate Software plc
LSE : ALL

Allocate Software plc

April 07, 2010 04:17 ET

Notification of Major Interest in Shares

7 April 2010

                                           Allocate Software plc
                                              ("the Company")
                                                     
                                 Notification of Major Interest in Shares



The Company has received notification that, on 29 March 2010, Gartmore Investment Limited disposed of
920,000 ordinary shares of 5p ("Ordinary Shares") in the Company.

As a result:

Gartmore Fund Managers Limited now holds 2,496,567 Ordinary Shares, representing 4.13% of the Company's
issued share capital;

Gartmore Investment Limited holds 5,628,004 Ordinary Shares, representing 9.32% of the Company's issued
share capital.


The combined Gartmore holding is therefore 8,124,641 Ordinary Shares, representing 13.45% of the Company's
issued share capital.


Enquiries:

Allocate Software                                                   
Simon Thorne - Group Finance Director                               Tel: +44 (0) 20 7355 5555

Numis Securities                                                    
Nominated adviser - Michael Meade / Brent Nabbs                     Tel: +44 (0) 20 7260 1000
Corporate Broking - James Black

Hansard Communications                                              Tel: +44 (0) 20 7245 1100
Justine James                                                       
Kirsty Corcoran



About Allocate Software

Allocate  Software plc is the leading workforce optimisation software applications provider for  world-wide
organisations with large, multi-skilled workforces.  With a blue chip client base spanning the  public  and
private sector, its key vertical markets include: Healthcare, Defence, Maritime and Government & Education.

At  the core of the business is Allocate's workforce optimisation software application, which organisations
use to deploy the right people with the right skills, to the right place at the right time.

Headquartered  in  London, Allocate provides services and support to its increasing international  customer
base through regional offices in the UK, Sweden, USA, Australia and Malaysia.

Allocate Software is quoted on the London Stock Exchange (AIM: ALL).   For further information please visit
www.allocatesoftware.com.


Contact Information

  • Allocate Software plc