Craneware plc Purchase of Shares and Exercise of Share Options (3759W)

TIDMCRW

RNS Number : 3759W

Craneware plc

18 August 2020

Craneware plc

("Craneware" or the "Company")

Purchase of Shares and Exercise of Share Options

18 August 2020 - The Board of Craneware plc (AIM: CRW.L), the market leader in Value Cycle solutions for the US healthcare market, announces that on 17 August 2020 , Keith Neilson, CEO of the Company, purchased 7,710 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 1,740 pence per Ordinary Share.

Additionally, on 14 August 2020, Mr Neilson also exercised options over 13,383 Ordinary Shares at an exercise price of 401 pence per Ordinary Share. Mr Neilson, having paid the exercise price and associated taxation liabilities, has retained all shares.

As a result of both these transactions, Mr Neilson has increased his holdings in the Company by 21,093 Ordinary Shares and now holds 3,418,599 Ordinary Shares, representing 12.7% of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

   1.   Details of the Restricted Person / person closely associated with him or her 
   a) Name                                                            Keith Neilson 
   2.   Reason for the notification 
   a) Position / status                                            CEO 
   b) Initial notification / Amendment                     Initial notification 

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

   a) Name                                                            Craneware plc 
   b) LEI                                                                213800O2CTJ1YFXNXG05 

4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a) Description of the financial instrument, type of

instrument Ordinary Shares of 1p each in the capital of Craneware plc

   b) Identification code                                         ISIN GB00B2425G68 

c) Nature of the transaction Exercise of options over Ordinary Shares

   d) Price(s) and volume(s)                                   Volume(s)   13,383 , Price(s) GBP4.01 
   e) Aggregated information:                                N/A (single transaction) 
                                       i. Aggregated volume                - 
                                       ii. Price                                     - 
   f) Date of the transaction                                  2020-08-14 
   g) Place of the transaction                                Outside a trading venue 

4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a) Description of the financial instrument, type of

instrument Ordinary Shares of 1p each in the capital of Craneware plc

   b) Identification code                                         ISIN GB00B2425G68 
   c) Nature of the transaction                                Purchase of Ordinary Shares 
   d) Price(s) and volume(s)                                   Volume(s)  7,710 , Price(s) GBP17.40 
   e) Aggregated information:                                N/A (single transaction) 
                                       i. Aggregated volume               - 
                                       ii. Price                                     - 
   f) Date of the transaction                                  2020-08-17 
   g) Place of the transaction                                 London Stock Exchange (XLON) 

For further information, please contact:

 
 Craneware plc    Peel Hunt (NOMAD   Investec Bank (Joint   Alma (Financial PR) 
                   & Joint Broker)    Broker) 
 [phone]   [phone] 
  3100             8900              [phone]    [phone] 
 Keith Neilson,   Dan Webster        Patrick Robb           Caroline Forde 
  CEO 
 Craig Preston,   George Sellar      Sebastian Lawrence     Robyn Fisher 
  CFO              Andrew Clark       Henry Reast            Helena Bogle 
 
 
 

About Craneware

Craneware (AIM: CRW.L), the leader in automated value cycle solutions, collaborates with U.S. healthcare providers to plan, execute and monitor value-based economic performance. Founded in 1999, Craneware is headquartered in Edinburgh, Scotland with offices in Atlanta and Pittsburgh employing over 350 staff. Craneware's value cycle management suite includes charge capture, strategic pricing, patient engagement, claims analytics, revenue recovery and retention, and cost and margin intelligence solutions.

Learn more at www.craneware.com

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August 18, 2020 02:00 ET (06:00 GMT)