CRW Craneware Plc

TIDMCRW

RNS Number : 0180C

Craneware plc

28 February 2011

Craneware plc

("Craneware" or the "Company")

Additional Listing

As announced on 18 February 2011, as part of the initial consideration for the acquisition of ClaimTrust, Inc. ("ClaimTrust"), the Company will apply for 614,917 new ordinary shares of 1p each ("New Ordinary Shares") to be admitted to AIM, in weekly aggregate instalments, following satisfaction by each of the vendors of the necessary regulatory documentation.

In this regard, regulatory documentation satisfaction by a number of vendors has resulted in the Company applying for 509,097 Ordinary Shares to be admitted to trading on AIM. Of this application, Anthony Joseph Ferro who acted as President and CEO of ClaimTrust will be allotted 233,194 Ordinary Shares. These shares will rank pari passu with the existing issued Ordinary Shares of the Company and dealings are expected to commence on 3 March 2011.

Following this, the total number of shares in issue with voting rights will be 26,474,047.

For further information, please contact:

 
 Craneware plc     Peel Hunt          Threadneedle Communications 
 +44 (0)131 550    +44 (0)20 7418 
  3160              8900              +44 (0)20 7653 9850 
 Keith Neilson,    Dan Webster        Caroline Evans-Jones 
  CEO 
 Craig Preston,    Richard Kauffer    Fiona Conroy 
  CFO 
 

About Craneware

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 and mitigate risk 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. These optimise reimbursement, increase operational efficiency and minimise compliance risk. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com and stoptheleakage.com

This information is provided by RNS

The company news service from the London Stock Exchange

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