Craneware (AIM: CRW.L), the market leader in Value Cycle solutions for the US healthcare market, announces that on 16 March 2018, Craig Preston, CFO of the Company, exercised options over a total of 194,229 ordinary shares of 1p each in the Company (“Ordinary Shares”). In order to fulfil obligations related to the exercise, Mr Preston subsequently sold 112,126 Ordinary Shares at a price of 1,950 pence per share.
Following these transactions, Mr Preston’s shareholding has increased to a total of 82,103 Ordinary Shares, representing 0.3 per cent. of the Company’s issued share capital.
Also on 16 March 2018, certain employees of the Company exercised options over Ordinary Shares. The exercise of these options, as well as the exercise of Mr Preston’s options, were satisfied by the Company’s existing block listing.
Following the exercise of these options described above, the Company’s issued share capital consists of 26,662,271 Ordinary Shares. Accordingly, the figure of 26,662,271 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
For further information, please contact:
- +44 (0)20 7418 8900
- Dan Webster
- George Sellar
- Nicole McDougall
- +44 (0)208 004 4218
- Caroline Forde
- Robyn Fisher
Craneware (AIM: CRW.L) is the market leader in software and supporting services that help healthcare providers improve margins so they can invest in quality patient outcomes. The Company’s flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle – Chargemaster Management since 2006 and is part of Craneware’s value cycle management suite, which includes patient engagement, charge capture and pricing, claims analysis, revenue recovery and retention, and cost analytics solutions.
Founded in 1999, Craneware is headquartered in Edinburgh, Scotland with offices in Atlanta, Boston and Pittsburgh employing over 250 staff.
Learn more at www.craneware.com.