Not for publication, distribution or
release, directly or indirectly, in whole or in part, in or into
the United States, Australia, Canada, Japan or Republic of South
Africa or any other jurisdiction in which such release, publication
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
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
Identification code
|
Ordinary shares of 1p each in the
capital of Craneware plc
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
- 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
Identification code
|
Ordinary shares of 1p each in the
capital of Craneware plc
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
- 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
Identification code
|
Ordinary shares of 1p each in the
capital of Craneware plc
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
- 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.