TIDMCRW

RNS Number : 4138Q

Craneware plc

18 June 2020

Craneware plc

("Craneware" or the "Company")

Holdings in the Company

18 June 2020 - The Board of Craneware plc (AIM: CRW.L), the market leader in Value Cycle software solutions for the US healthcare market, has been notified that Derek Paterson, CIO of the Company, has today transferred 265,100 ordinary shares of 1p each in the Company ("Ordinary Shares") to members of his family, as part of his estate planning. The holdings shall be subject to certain lock-in arrangements.

Subsequent to this transaction, Mr. Paterson holds 622,872 Ordinary Shares in the Company, representing 2.3% of the issued share capital.

 
 NOTIFICATION OF MAJOR HOLDINGS 
 
 1a. Identity of the issuer or                                      CRANEWARE PLC 
  the underlying issuer of existing 
  shares to which voting rights 
  are attached (ii) : 
                                                    -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark 
  with an "X" if appropriate) 
 Non-UK issuer 
                                                                                            ---- 
 2. Reason for the notification (please mark the appropriate box 
  or boxes with an "X") 
 An acquisition or disposal of voting rights                                                  x 
                                                                                            ---- 
 An acquisition or disposal of financial instruments 
                                                                                            ---- 
 An event changing the breakdown of voting rights 
                                                                                            ---- 
 Other (please specify)(iii) : 
                                                                                            ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                DEREK PATERSON 
 City and country of registered                      N/A 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                N/A 
                                                    -------------------------------------------- 
 City and country of registered                      N/A 
  office (if applicable) 
                                                    -------------------------------------------- 
 5. Date on which the threshold                      18/6/2020 
  was crossed or reached (vi) : 
                                                    -------------------------------------------- 
 6. Date on which issuer notified                    18/6/2020 
  (DD/MM/YYYY): 
                                                    -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                     % of voting       % of voting rights    Total of both   Total number 
                   rights attached      through financial     in % (8.A +     of voting rights 
                   to shares (total        instruments            8.B)        of issuer (vii) 
                       of 8. A)           (total of 8.B 
                                           1 + 8.B 2) 
                 ------------------  ---------------------  --------------  -------------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached            2.3%                  N/A                2.3%            26,826,539 
                 ------------------  ---------------------  --------------  -------------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)           3.4%                  N/A                3.4%            24,929,950 
                 ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of         Number of voting rights                                % of voting rights 
  shares                (ix) 
  ISIN code (if 
  possible) 
                                Direct                    Indirect                     Direct              Indirect 
                          (Art 9 of Directive        (Art 10 of Directive        (Art 9 of Directive        (Art 10 
                             2004/109/EC)                2004/109/EC)           2004/109/EC) (DTR5.1)     of Directive 
                               (DTR5.1)                   (DTR5.2.1)                                      2004/109/EC) 
                                                                                                           (DTR5.2.1) 
                                                 -------------------------- 
    GB00B2425G68               622,872                       N/A                        2.3%                  N/A 
                      -------------------------  --------------------------  -------------------------  -------------- 
 
 
 SUBTOTAL 8. A                               622,872                                            2.3% 
                      -----------------------------------------------------  ----------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 
  2004/109/EC (DTR5.3.1.1 (a)) 
 Type of financial     Expiration      Exercise/                       Number of voting                  % of voting 
  instrument            date            Conversion Period               rights that may                   rights 
                        (x)             (xi)                            be acquired if 
                                                                        the instrument 
                                                                        is 
                                                                        exercised/converted. 
                      --------------  ------------------------------  --------------------------------  -------------- 
 
 
 
                                       SUBTOTAL 8. B 1 
                                      ------------------------------  --------------------------------  -------------- 
 
 B 2: Financial Instruments with similar economic effect according 
  to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of          Expiration           Exercise/             Physical or           Number of             % of voting 
  financial        date (x)             Conversion            cash                  voting rights         rights 
  instrument                            Period (xi)           settlement 
                                                              (xii) 
                 -------------------  --------------------  --------------------  -------------------- 
 
 
 
                                                             SUBTOTAL 8.B.2 
                                                            --------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                   X 
  by any natural person or legal entity and does not control 
  any other undertaking(s) holding directly or indirectly an 
  interest in the (underlying) issuer (xiii) 
 Full chain of controlled undertakings through which the voting 
  rights and/or the 
  financial instruments are effectively held starting with the 
  ultimate controlling natural person or legal entity (xiv) (please 
  add additional rows as necessary) 
  Name (xv)     % of voting rights      % of voting rights        Total of both if 
                  if it equals or        through financial      it equals or is higher 
                 is higher than the      instruments if it       than the notifiable 
                notifiable threshold    equals or is higher           threshold 
                                        than the notifiable 
                                             threshold 
              ----------------------  ---------------------  -------------------------- 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder              N/A 
                                      ------------------------------------------------- 
 The number and % of voting rights     N/A 
  held 
                                      ------------------------------------------------- 
 The date until which the voting       N/A 
  rights will be held 
                                      ------------------------------------------------- 
 
 11. Additional information (xvi) 
 Disposal is a transfer (including voting rights) to members of family 
  under a "Deed of Gift" 
 
 
 
 Place of completion   Edinburgh, Scotland 
 Date of completion    18/6/2020 
                      -------------------- 
 

For further information, please contact:

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

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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