TIDMCRW
RNS Number : 0914M
Craneware plc
18 January 2021
Craneware plc
("Craneware" or the "Company")
Vesting of Long Term Incentive Plan Awards
18 January 2021 - The Board of Craneware plc (AIM: CRW.L), the
market leader in Value Cycle solutions for the US healthcare
market, announces that on 17 January 2021 , under the terms of the
Craneware plc Long Term Incentive Plan (2016) ("LTIP"), conditional
awards of ordinary shares of 1p each in the Company ("Shares")
which were granted to two Directors of the Company on 17 January
2018, vested following the satisfaction of certain performance
conditions.
Director Net amount of Shares Percentage of issued
received from conditional share capital of the
share award vested Company
on 17 January 2021
Keith Neilson (CEO) 3,977 0.01%
--------------------------- ----------------------
Craig Preston (CFO) 2,948 0.01%
--------------------------- ----------------------
The net amount of Shares received by each of the Directors from
the vested LTIP awards was after payment of the associated tax
liabilities. No consideration was payable by each of the Directors
to receive the Shares from these LTIP awards.
These LTIP awards are being satisfied by shares held in the
Craneware plc Employee Benefit Trust.
Following this transaction, Keith Neilson holds 3,422,576 Shares
which is 12.8% of the issued share capital of the Company and Craig
Preston holds 88,875 Shares which is 0.33% of the issued share
capital of the Company.
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 Vesting of conditional share award
under the Craneware plc
Long Term Incentive Plan (2016)
d) Price(s) and volume(s) Volume(s) released from vested award
3,977 , Price(s) GBP0
e) Aggregated information:
i. Aggregated volume Aggregate volume released 3,977
ii. Price Price(s) GBP0
f) Date of the transaction 2021-01-17
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 Vesting of conditional share award
under the Craneware plc
Long Term Incentive Plan (2016)
d) Price(s) and volume(s) Volume(s) released from vested award
2,948 , Price(s) GBP0
e) Aggregated information:
i. Aggregated volume Aggregate volume released 2,948
ii. Price Price(s) GBP0
f) Date of the transaction 2021-01-17
g) Place of the transaction Outside a trading venue
For further information, please contact:
Craneware plc Peel Hunt Investec Bank Berenberg Alma
NOMAD & Joint Broker Joint Broker Joint Broker Financial PR
+44 (0)131 550 3100 +44 (0)20 7418 8900 +44 (0)20 7597 5970 +44 (0) 20 3207 7800 +44 (0)203 405 0205
Keith Neilson, CEO Dan Webster Patrick Robb Mark Whitmore Caroline Forde
Craig Preston, CFO George Sellar Sebastian Lawrence Richard Salmond Robyn Fisher
Andrew Clark Henry Reast Alix Mecklenberg- Helena Bogle
Solodkoff Joe Pederzolli
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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January 18, 2021 13:11 ET (18:11 GMT)
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