Director Shareholding & Issue of Equity (3412E)
05 Aprile 2011 - 3:11PM
UK Regulatory
TIDMCRW
RNS Number : 3412E
Craneware plc
05 April 2011
Craneware plc
("Craneware" or the "Company")
Director Shareholding & Issue of Equity
05 April 2011 - Craneware plc (AIM: CRW.L; OTC: CRWRY), the
market leader in automated revenue integrity solutions for the US
healthcare market, announces that it has received notice from Keith
Neilson, CEO of the Company to exercise options in respect of
20,000 new ordinary shares of 1 pence each in the Company
('Ordinary Shares'). After the exercise of these options Mr.
Neilson will have a total holding in the Company of 3,448,779
Ordinary Shares which represents 12.89% of the total issued share
capital.
These options were granted on 13 September 2007 at the time of
the Company's IPO under the Company's Approved Share Option Plan
2007 at an exercise price of 1p per share.
The Company has also received notice from other employees to
exercise options in respect of a further 190,000 Ordinary Shares,
also at an exercise price of 1p per share.
Following the exercise of all of these options and including the
16,095 Ordinary Shares expected to be admitted on 7 April 2011, the
total issued share capital of the Company with voting rights will
be 26,762,134 Ordinary Shares. The Company does not hold any
Ordinary Shares in Treasury.
From 7 April 2011 the above figure of 26,762,134 Ordinary Shares
may be used by shareholders in the Company as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change in their interest in, the
share capital of the Company under the FSA's Disclosure and
Transparency Rules.
For further information, please contact:
Craneware plc Peel Hunt Threadneedle Communications
+44 (0)131 550 +44 (0)20 7418
3100 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
END
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