REG - Craneware plc - Director/PDMR Dealings

CranewareAnnouncement

11/09/2024 16:00

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RNS Number : 8304D  Craneware plc  11 September 2024

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or in part, in or into the United States, Australia, Canada, Japan or Republic
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or distribution would be unlawful.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 (as amended).

 

11 September 2024

 

 

Craneware plc

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

Director/PDMR Dealings

Craneware announces that, it has been notified by certain Directors, PDMRs and
a shareholder of the Company (the "Selling Shareholders"), that they have
agreed to sell, subject to completion, an aggregate 850,000 ordinary shares of
£0.01 each ("Ordinary Shares") in the Company (the "Sale Shares") at a price
of £22.00 per Placing Share (the "Sale"). The Sale Shares represent
approximately 2.4 per cent. of the existing issued share capital of the
Company (excluding Ordinary Shares held in treasury).

The Sale Shares to be sold by each Selling Shareholder is as follows:

 Full Name        Position                   Director/ PDMR  Current Shareholding  Ordinary Shares Sold    Resultant Shareholding  % of Issued Share Capital (excluding Ordinary Shares held in treasury)
 Keith Neilson    Chief Executive Officer    Director        3,467,707             423,750                 3,043,957               8.67%
 Craig Preston    Chief Financial Officer    Director        100,417               24,000                  76,417                  0.22%
 Issy Urquhart    Chief People Officer       Director        11,495                2,250                   9,245                   0.03%
 Derek Paterson   Chief Information Officer  -               651,301               90,000                  561,301                 1.60%
 Mark Montgomery  Chief Marketing Officer    -               34,141                25,000                  9,141                   0.03%
 Gordon Craig     -                          -               2,340,756             285,000                 2,055,756               5.86%

 

Following the completion of the Sale, Keith Neilson (Chief Executive Officer
of the Company) and Gordon Craig (Co-Founder and shareholder of the Company)
have agreed not to sell or otherwise dispose of any of their holdings of
Ordinary Shares for 365 days, except with the prior written consent of Peel
Hunt LLP ("Peel Hunt") or in respect of the exercise or net exercise or grant
of share based awards pursuant to the Company's existing share schemes. The
other Selling Shareholders will not be subject to a lock-up.

The proceeds of the Sale are payable in cash and will be settled on a T+3
basis (unless otherwise agreed), and settlement of the Sale is expected to
occur on or about 16 September 2024.

The Company will not receive any proceeds from the Sale.

 

For further information, please contact:

 

 Craneware plc                                 +44 (0)131 550 3100
 Keith Neilson, CEO
 Craig Preston, CFO

 Peel Hunt                                     +44 (0)20 7418 8900
 Neil Patel, Benjamin Cryer, Kate Bannatyne

 Sohail Akbar

 

About Craneware

The Craneware Group (AIM:CRW.L), is the market leader in value cycle
solutions. For 25 years, we have collaborated with U.S. healthcare providers
to optimize revenue integrity, pricing intelligence, decision support, labor
productivity, business of pharmacy, and 340B program management. 

Customers choose Trisus®, a HITRUST- and SOC2 Type II-certified,
SaaS-platform, to achieve operational and financial excellence in pursuit of
their healthcare mission - delivering quality care to their communities. The
Craneware Group - Transforming the Business of Healthcare.

Learn more at www.craneware.com (http://www.craneware.com)

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them:

 

 

 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 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

       Identification code

                                                                      ISIN GB00B2425G68
 b)    Nature of the transaction                                      Sale of Ordinary Shares
 c)    Price(s) and volume(s)                                         Price(s)  Volume(s)
                                                                      £22.00    423,750

 
 d)    Aggregated information                                         N/A - Single Transaction

       - Aggregated volume

       - Price
 e)    Date of the transaction                                        11 September 2024
 f)    Place of the transaction                                       London Stock Exchange, XLON

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single Transaction

e)

Date of the transaction

11 September 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                           Craig Preston
 2     Reason for the notification
 a)    Position/status                                                Chief Financial Officer
 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

       Identification code

                                                                      ISIN GB00B2425G68
 b)    Nature of the transaction                                      Sale of Ordinary Shares
 c)    Price(s) and volume(s)                                         Price(s)  Volume(s)
                                                                      £22.00    24,000

 
 d)    Aggregated information                                         N/A - Single Transaction

       - Aggregated volume

       - Price
 e)    Date of the transaction                                        11 September 2024
 f)    Place of the transaction                                       London Stock Exchange, XLON

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single Transaction

e)

Date of the transaction

11 September 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                           Issy Urquhart
 2     Reason for the notification
 a)    Position/status                                                Chief People Officer
 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

       Identification code

                                                                      ISIN GB00B2425G68
 b)    Nature of the transaction                                      Sale of Ordinary Shares
 c)    Price(s) and volume(s)                                         Price(s)  Volume(s)
                                                                      £22.00    2,250

 
 d)    Aggregated information                                         N/A - Single Transaction

       - Aggregated volume

       - Price
 e)    Date of the transaction                                        11 September 2024
 f)    Place of the transaction                                       London Stock Exchange, XLON

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single Transaction

e)

Date of the transaction

11 September 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

Peel Hunt is authorised and regulated by the Financial Conduct Authority. Peel
Hunt is acting for the Selling Shareholders only in connection with the Sale
and no one else, and will not be responsible to anyone other than the Selling
Shareholders for providing the protections offered to clients nor for
providing advice in relation to the Sale Shares or the Sale, the contents of
this announcement or any transaction, arrangement or other matter referred to
in this announcement.

 

 

 

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