23 September 2013
ALLOCATE SOFTWARE PLC
("Allocate" or "the Company")
Retirement of Director & Director Shareholding
After 15 years as a Non-Executive Director of Allocate, Ian Lang has advised the Board that he will be retiring from the Board and will not be standing for re-election at the forthcoming Annual General Meeting. The Company would like to thank Ian for his invaluable contribution to the Board during the time he has served as a Non-Executive Director.
Separately, Ian Lang notified the Company that on 20 September 2013 220,000 ordinary shares in the Company in which he is interested were sold at a price of 101p pence per share. Following this transaction, Ian Lang is interested in 66,437 ordinary shares, representing approximately 0.1% of the total issued share capital of the Company.
Enquiries:
Allocate Software plc Chris Gale - Chief Financial Officer | Tel: +44 (0) 20 7355 5555 |
Numis Securities Nominated adviser - Michael Meade / Richard Thomas Corporate Broking - James Black | Tel: +44 (0) 20 7260 1000 |
Gable Communications Justine James | Tel: +44 (0) 20 7193 7463 +44 (0) 7525 324 431 |