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Director Shareholding – 21 April 2010

21 April 2010 – The Board of Craneware plc (AIM: CRW.L), the market leader in automated revenue integrity solutions for the US healthcare market, has been informed that two Directors in the Company have today made the following transactions in ordinary shares of 1p each in the Company (“Ordinary Shares”):

Name No. of Ordinary Shares sold Price No. of Ordinary Shares post sale % held post sale
Keith Neilson (Chief Executive Officer) 489,756 410p 3,398,044 13.4%
Neil Heywood (Non-Executive Director) 7,346 410p 127,926 0.5%

Keith Neilson remains the largest shareholder in the Company

In addition, Gordon Craig (Chief Technology Officer), who is not a Director of the Company, has today sold 244,878 Ordinary Shares at a price 410p per share. Following this transaction, Mr. Craig has a total holding in the Company of 244,878 Ordinary Shares which represents 12.4% of the total issued share capital.

For further information, please contact:

Craneware plc

  • +44 (0) 131 550 3100
  • Keith Neilson, CEO
  • Craig Preston, CFO

Peel Hunt

  • +44 (0) 20 7418 8900
  • Oliver Scott
  • Nicholas Marren

Newgate Threadneedle

  • +44 (0) 20 7653 9850
  • Caroline Evans-Jones
  • Fiona Conroy

About Craneware

Founded in 1999, Craneware has headquarters in Edinburgh, Scotland with offices in Atlanta and Arizona, employing over 200 staff. Craneware is the leader in automated revenue integrity solutions that improve financial performance and mitigate risk for healthcare organisations. Craneware’s market-driven, annuity SaaS solutions help hospitals and other healthcare providers more effectively price, charge and code for services and supplies associated with patient care. These optimise reimbursement, increase operational efficiency and minimize compliance risk. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com.