Blocklisting Application
The Company announces that an application has been made to the London Stock Exchange for the admission to trading on AIM of a blocklisting of 54,733 ordinary shares of 1 pence each in the Company (“Ordinary Shares”) to satisfy all outstanding obligations arising as part of the initial consideration for the acquisition of ClaimTrust, Inc. These shares will be allotted and issued in due course in accordance with the rules of the scheme and will rank pari passu in all respects with the existing ordinary shares in issue.
Trading in the Ordinary Shares is expected to commence on 12 April 2011.
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 Livingston, Scotland with offices in Atlanta and Arizona, employing over 140 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.