Craneware plc Director/PDMR Shareholding (0538H)

TIDMCRW

RNS Number : 0538H

Craneware plc

08 March 2018

Craneware plc

("Craneware", "the Group" or the "Company")

Director's Exercise of Options

8 March 2018 - Craneware (AIM: CRW.L), the market leader in Value Cycle solutions for the US healthcare market, announces that Keith Neilson, CEO of the Company, yesterday exercised two tranches of options over a total of 29,081 ordinary shares of 1p each ("Ordinary Shares"). The first tranche of 18,248 Ordinary Shares was exercised at a price of 335 pence per Ordinary Share. The second tranche of 10,833 Ordinary Shares was exercised at a price of 400 pence per Ordinary Share.

Following the exercise of these options, Mr Neilson holds 3,377,799 Ordinary Shares in the capital of the Company, representing 12.8% per cent. of the Company's issued share capital.

The exercise of options has been fulfilled via the issue of Ordinary Shares held in the Company's Employee Benefit Trust. There is therefore no change to the Company's issued share capital.

For further information, please contact:

 
 Craneware        Peel Hunt          Alma 
  plc 
 +44 (0)131       +44 (0)20          +44 (0)208 
  550 3100         7418 8900          004 4218 
 Keith Neilson,   Dan Webster        Caroline Forde 
  CEO 
 Craig Preston,   George Sellar      Hilary Buchanan 
  CFO 
                  Nicole McDougall   Robyn Fisher

About Craneware

Craneware (AIM: CRW.L) is the market leader in software and supporting services that help healthcare providers improve margins so they can invest in quality patient outcomes. The Company's flagship solution, Chargemaster Toolkit(R), has earned the KLAS No.1 ranking in Revenue Cycle - Chargemaster Management since 2006 and is part of Craneware's value cycle management suite, which includes patient engagement, charge capture and pricing, claims analysis, revenue recovery and retention, and cost analytics solutions.

Founded in 1999, Craneware is headquartered in Edinburgh, Scotland with offices in Atlanta, Boston and Pittsburgh employing over 250 staff.

Learn more at www.craneware.com.

Appendix 1

 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------------ 
 a)    Name:                               Keith Neilson 
----  ----------------------------------  ------------------------------ 
 2     Reason for the notification 
----  ------------------------------------------------------------------ 
 a)    Position/Status:                    Chief Executive Officer 
----  ----------------------------------  ------------------------------ 
 b)    Initial Notification/Amendment:     Initial Notification 
----  ----------------------------------  ------------------------------ 
 3     Details of the issuer, emission allowance 
        market participation, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------ 
 a)    Name:                               Craneware plc 
----  ----------------------------------  ------------------------------ 
 b)    LEI:                                213800O2CTJ1YFXNXG05 
----  ----------------------------------  ------------------------------ 
 4.    Details of transaction(s); section to be repeated 
        for (i) each type of instrument; (ii) each 
        type of transaction; (iii) each date; and 
        (iv) each place where transactions have been 
        conducted. 
----  ------------------------------------------------------------------ 
 a)    Description                         Ordinary Shares 
        of the financial                    ISIN GB00B2425G68 
        instrument: 
        Identification 
        code: 
----  ----------------------------------  ------------------------------ 
 b)    Nature of the                       Exercise of Options 
        transaction: 
----  ----------------------------------  ------------------------------ 
 c)    Price(s) and                        Price(s)        Volume(s) 
        volume(s): 
----  ----------------------------------  --------------  -------------- 
                                           GBP3.35         18,248 
    GBP4.00                                                 10,833 
  ------------------------------------------------------  -------------- 
 d)    Aggregated                          Price(s)        Volume(s) 
        price(s) and 
        volume(s): 
----  ----------------------------------  --------------  -------------- 
   GBP3.592                                                29,081 
  ------------------------------------------------------  -------------- 
 e)    Date of the                         7 March 2018 
        Transaction: 
----  ----------------------------------  ------------------------------ 
 f)    Place of the                        Outside of a trading venue 
        Transaction: 
----  ----------------------------------  ------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 08, 2018 02:01 ET (07:01 GMT)

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