Business
Exercise of Options and Director's Dealings
Exercise of Options and Director's Dealings.
About this update from Atlantic Lithium Limited.
[{"type":"text","content":"\n \n\n8 February 2010\n\n Allocate Software plc\n (\"Allocate\" or \"the Company\")\n\n Exercise of Options and Director's Dealings\n\nAllocate was notified on 5 February 2010 that Richard Morgan-Evans, Non-Executive Director of the Company,\nexercised an option on 4 February 2010 to acquire 200,000 ordinary shares of 5 pence each (\"Ordinary\nShares\") at 25.5 pence per share, which were subsequently all sold on 5 February 2010 at 71 pence per\nshare. Following these transactions, Mr Morgan-Evans holds no shares in the Company.\n\nIn addition, on 4 February 2010, employees of the Company exercised options to acquire a total of 282,902\nOrdinary Shares.\n\nApplication has been made for the 482,902 Ordinary Shares to be admitted to AIM, with trading expected to\ncommence on 11 February 2010 (\"Admission\"). Upon Admission, the shares will rank pari passu in all\nrespects with the existing Ordinary Shares of the Company.\n\nAfter admission of these new shares, the Company will have 60,308,527 Ordinary Shares in issue.\n\nEnquiries:\n\nAllocate Software \nSimon Thorne - Group Finance Director Tel: +44 (0) 20 7355 5555\n\nNumis Securities \nNominated adviser - Michael Meade / Brent Nabbs Tel: +44 (0) 20 7260 1000\nCorporate Broking - James Black\n\nHansard Communications Tel: +44 (0) 20 7245 1100\nJustine James \nKirsty Corcoran\n\nAbout Allocate Software\n\nAllocate Software plc is the leading workforce optimisation software applications provider for world-wide\norganisations with large, multi-skilled workforces. With a blue chip client base spanning the public and\nprivate sector, its key vertical markets include: Healthcare, Defence, Maritime and Government & Education.\n\nAt the core of the business is Allocate's workforce optimisation software application, which organisations\nuse to deploy the right people with the right skills, to the right place at the right time.\n\nHeadquartered in London, Allocate provides services and support to its increasing international customer\nbase through regional offices in the UK, Sweden, USA, Australia and Malaysia.\n\nAllocate Software is quoted on the London Stock Exchange (AIM: ALL). For further information please visit\nwww.allocatesoftware.com.\n\nAllocate Software plc\t\t\t\t\t\t\t\t\n\n\t\t\t\t\t\t \n ","length":2775,"tagName":"div"}]