TIDMCRW

RNS Number : 4069K

Craneware plc

21 April 2020

Craneware plc

("Craneware" or the "Company")

Grant of Share Options

21 April 2020 - The Board of Craneware plc (AIM: CRW.L), the market leader in Value Cycle software solutions for the US healthcare market, announces that on 20 April 2020 , under the terms of the Craneware plc SAYE Option Plan (2018) ("the Option Plan"), share options (the "Options") to acquire ordinary shares of 1p each in the Company ("Shares") were granted to two Directors of the Company as follows:

 
       Director         Savings term       No. of Shares      Percentage of issued 
                                         over which Options       share capital 
                                         granted under the 
                                            Option Plan 
 Keith Neilson (CEO)       3 years             1,568                 0.006% 
                       --------------  --------------------  --------------------- 
 Craig Preston (CFO)       3 years             1,568                 0.006% 
                       --------------  --------------------  --------------------- 
 

The Option Plan is a UK all employee HMRC approved Save As You Earn option scheme. The Options were granted on the same terms as other UK employees who chose to participate in the Option Plan. The Options have been granted at an exercise price of GBP11.475 per Share. The Options will ordinarily become exercisable for a period of six months from the end of the savings term.

PDMR notification: Keith Neilson

   1.   Details of the Restricted Person / person closely associated with him or her 
   a) Name                                                            Keith Neilson 
   2.   Reason for the notification 
   a) Position / status                                            CEO 
   b) Initial notification / Amendment                     Initial notification 

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

   a) Name                                                            Craneware plc 
   b) LEI                                                                213800O2CTJ1YFXNXG05 

4. Details of the 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 of the financial instrument, type of

instrument Ordinary shares of 1p each in the capital of Craneware plc

   b) Identification code                                         ISIN GB00B2425G68 

c) Nature of the transaction Grant of share option under the Craneware plc

SAYE Option Plan (2018)

d) Price(s) and volume(s) Volume(s) granted 1,568, Exercise Price(s) GBP11.475

   e) Aggregated information:                                 N/A (single transaction) 
                                       i. Aggregated volume        - 
                                       ii. Price                              - 
   f) Date of the transaction                                    2020-04-20 
   g) Place of the transaction                                 Outside a trading venue 

PDMR notification: Craig Preston

   1.   Details of the Restricted Person / person closely associated with him or her 
   a) Name                                                            Craig Preston 
   2.   Reason for the notification 
   a) Position / status                                             CFO 
   b) Initial notification / Amendment                      Initial notification 

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

   a) Name                                                            Craneware plc 
   b) LEI                                                                213800O2CTJ1YFXNXG05 

4. Details of the 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 of the financial instrument, type of

instrument Ordinary shares of 1p each in the capital of Craneware plc

   b) Identification code                                         ISIN GB00B2425G68 

c) Nature of the transaction Grant of share option under the Craneware plc

SAYE Option Plan (2018)

d) Price(s) and volume(s) Volume(s) granted 1,568 , Exercise Price(s) GBP11.475

   e) Aggregated information:                                 N/A (single transaction) 

i. Aggregated volume

ii. Price

   f) Date of the transaction                                   2020-04-20 
   g) Place of the transaction                                 Outside a trading venue 

For further information, please contact:

 
 Craneware plc    Peel Hunt (NOMAD &    Investec Bank (Joint   Alma (Financial PR) 
                   Joint Broker)         Broker) 
 +44 (0)131 550 
  3100            +44 (0)20 7418 8900   +44 (0)20 7597 5970    +44 (0)203 405 0205 
 Keith Neilson,   Dan Webster           Patrick Robb           Caroline Forde 
  CEO 
 Craig Preston,   George Sellar         Sebastian Lawrence     Hilary Buchanan 
  CFO              Andrew Clark          Henry Reast            Helena Bogle 
 
 
 

About Craneware

Craneware (AIM: CRW.L), the leader in automated value cycle solutions, collaborates with U.S. healthcare providers to plan, execute and monitor value-based economic performance. Founded in 1999, Craneware is headquartered in Edinburgh, Scotland with offices in Atlanta and Pittsburgh employing over 350 staff. Craneware's value cycle management suite includes charge capture, strategic pricing, patient engagement, claims analytics, revenue recovery and retention, and cost and margin intelligence solutions.

Learn more at www.craneware.com

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END

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