22 November 2013 – Craneware plc (AIM: CRW.L), the market leader in automated revenue integrity solutions for the US healthcare market, has been informed that Gordon Craig, co-founder and continuing employee of the Company, has today sold 470,588 ordinary shares of 1p each in the Company (“Ordinary Shares”) at an average price of 450.05 pence per share. The sale was due to personal circumstances associated with recent divorce proceedings.
Following the transaction, Mr. Craig retains a holding of 2,702,563 Ordinary Shares in the Company, representing 10.0% of the Company’s issued share capital. Mr. Craig has agreed not to sell any further shares for at least twelve months following the date of the transaction and remains committed to the Craneware business.
For further information, please contact:
- +44 (0) 20 7418 8900
- Dan Webster
- Richard Kauffer
- +44 (0) 20 7653 9850
- Caroline Evans-Jones
- Fiona Conroy
- Heather Armstrong
Founded in 1999, Craneware has headquarters in Edinburgh, Scotland with offices in Atlanta, Arizona, Massachusetts and Tennessee employing over 200 staff. Craneware is the leader in automated revenue integrity solutions that improve financial performance for healthcare organisations. Craneware’s market-driven, SaaS solutions help hospitals and other healthcare providers more effectively price, charge, code and retain earned revenue for patient care services and supplies. This optimises reimbursement, increases operational efficiency and minimises compliance risk. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com.