Additional Listing

RNS Number : 7536C

Craneware plc

10 March 2011

 



Craneware plc

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

Additional Listing

As announced on 18 February 2011, as part of the initial consideration for the acquisition of ClaimTrust, Inc. ("ClaimTrust"), the Company will apply for 641,917 New Ordinary Shares of 1p each ("New Ordinary Shares") to be admitted to AIM, in weekly aggregate instalments, following satisfaction by each of the vendors of the necessary regulatory documentation.

In this regard, regulatory documentation satisfaction by a number of vendors has resulted in the Company applying for a further 32,773 New Ordinary Shares to be admitted to trading on AIM. These shares will rank pari passu with the existing issued ordinary shares of the Company and dealings are expected to commence on 16 March 2011. Of the total 641,917 New Ordinary Shares to be admitted to AIM in connection with the acquisition of ClaimTrust, 632,723 are subject to a twelve month lock in and 100,047 of the total are still to be applied for.

Following this admission of New Ordinary Shares, the total number of shares in issue with voting rights will be 26,506,820.

For further information, please contact:

Craneware plc	Peel Hunt	Threadneedle Communications
[phone]	[phone]	[phone]
Keith Neilson, CEO	Dan Webster	Caroline Evans-Jones
Craig Preston, CFO	Richard Kauffer	Fiona Conroy

About Craneware

Founded in 1999, Craneware has headquarters in Edinburgh, Scotland with offices in Atlanta,   Arizona, Massachusetts and Tennessee employing over 200 staff. Craneware is the leader in automated revenue integrity solutions that improve financial performance and mitigate risk for healthcare organisations. Craneware's market-driven, SaaS solutions help hospitals and other healthcare providers more effectively price, charge and code for services and supplies associated with patient care. These optimise reimbursement, increase operational efficiency and minimise compliance risk. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com and stoptheleakage.com.

 

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