TIDMALL

RNS Number : 6065D

Allocate Software PLC

17 May 2012

17 May 2012

ALLOCATE SOFTWARE PLC

("Allocate" or "the Company")

Exercise of Share Options

On 17(th) May 2012, the Company issued 21,300 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 23(rd) May 2012 ("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 63,841,253 Ordinary Shares in issue.

Enquiries:

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