CRW Craneware Plc

 

TIDMCRW 
 
 
Craneware plc 
09 July 2010 
 
? 
                                  Craneware plc 
                         ("Craneware" or the "Company") 
 
            Launch of American Depositary Receipt ("ADR") Programme 
 
9 July 2010 - Craneware plc (AIM: CRW.L), the market leader in automated revenue 
integrity solutions for the US healthcare market, is pleased to announce the 
launch of its American Depositary Receipt ("ADR") programme. 
 
Each Craneware ADR represents two ordinary shares and will trade on the 
Over-the-Counter (OTC) market in the US. The Bank of New York Mellon, the global 
leader in asset management and securities servicing, has been appointed by 
Craneware as the depositary bank for its ADR programme. 
An ADR is a negotiable US certificate representing ownership of shares in a 
non-US corporation. ADRs trade and settle in the US in dollars; dividends are 
also paid to investors in dollar form. ADRs were specifically designed to 
facilitate the purchase, holding and sale of non-US securities by US investors, 
and to provide a corporate finance vehicle for non-US companies. ADRs can be 
held in book-entry form or as a physical certificate. 
 
Keith Neilson, CEO of Craneware plc, commented: "We are pleased to be able to 
provide this new facility which will allow easier access to Craneware securities 
by our US employees and US investors who have found it difficult to trade 
outside the US markets. It will also serve to enhance our US visibility, 
supporting our ongoing expansion strategy." 
If for any reason your broker is not able to purchase this security please have 
the broker contact Bank of New York Mellon for additional information. 
 
For further information, please contact: 
 
+--------------+--------------+----------------+------------------+ 
| Craneware    | KBC Peel     | Threadneedle   | Bank of New York | 
| plc          | Hunt         | Communications | Mellon           | 
+--------------+--------------+----------------+------------------+ 
| +44 (0)1506  | +44 (0)20    | +44 (0)20 7653 | +44 (0)207 964   | 
| 407 666      | 7418 8900    | 9850           | 6089             | 
+--------------+--------------+----------------+------------------+ 
| Keith        | Richard      | Caroline       | Mark Lewis       | 
| Neilson, CEO | Kauffer      | Evans-Jones    |                  | 
+--------------+--------------+----------------+------------------+ 
| Craig        | Dan Webster  | Fiona Conroy   |                  | 
| Preston, CFO |              |                |                  | 
+--------------+--------------+----------------+------------------+ 
 
About Craneware 
 
Founded in 1999, Craneware has headquarters in Livingston, Scotland with offices 
in Atlanta, Florida, Arizona and Kansas, employing over 135 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 and code for services and supplies associated with patient care. 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. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRABLGDRBXGBGGI 
 

Grafico Azioni Craneware (LSE:CRW)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Craneware (LSE:CRW)
Storico
Da Lug 2023 a Lug 2024