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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Craneware Plc | LSE:CRW | London | Ordinary Share | GB00B2425G68 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2,230.00 | 2,170.00 | 2,270.00 | 0.00 | 07:30:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Prepackaged Software | 174.02M | 9.23M | 0.2626 | 84.92 | 784.01M |
TIDMCRW
RNS Number : 6786C
Craneware plc
23 January 2018
Craneware plc
(the "Company" or "Group")
Result of Share Buyback
The Company today announces the results of the Share Buyback, details of which were set out in the announcement published by the Company on 16 January 2018 ("Share Buyback Announcement").
The Company confirms that the Share Buyback Price is GBP17.69, being the average closing market value of an Ordinary Share for the five business days up to and including 22 January 2018. At the Share Buyback Price of GBP17.69, the maximum aggregate number of Ordinary Shares that may be purchased pursuant to the Share Buyback (which had the capacity to return up to GBP15 million) is 847,936 Ordinary Shares (taking into account the impact of rounding).
A total of approximately 0.6 million Ordinary Shares have been indicatively tendered by Shareholders under the Share Buyback. Therefore all valid tenders will be satisfied in full and it is expected a total of approximately 0.6 million Ordinary Shares will be purchased under the Share Buyback equating to approximately GBP11 million.
As set out in the Share Buyback Announcement, such Ordinary Shares will be purchased by Peel Hunt pursuant to the Share Buyback and the Company will subsequently buy back such Ordinary Shares from Peel Hunt and then cancel them. A further announcement will be made by the Company once this has been effected and the issued share capital of the Company has changed.
Capitalised terms used in this announcement have the same meaning as ascribed to them in the Share Buyback Announcement made on 16 January 2018.
For further information, please contact: Craneware plc Keith Neilson +44 (0)131 550 Craig Preston 3100 Peel Hunt LLP Rory James-Duff (ECM) Dan Webster +44 (0)20 7418 George Sellar 8900 Alma PR Caroline Forde Hilary Buchanan +44 (0)208 004 Robyn Fisher 4218
This information is provided by RNS
The company news service from the London Stock Exchange
END
POSBDGDBSGDBGIX
(END) Dow Jones Newswires
January 23, 2018 07:06 ET (12:06 GMT)
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