Completion of SDS Holdco, Inc. Acquisition

RNS Number : 9950E

Craneware plc

13 July 2021

 

For immediate release

LEI: 213800O2CTJ1YFXNXG05

13 July 2021

Craneware plc

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

Completion of the acquisition of SDS Holdco, Inc.  ("Sentry") andTotal Voting Rights

Craneware, a market leader in Value Cycle solutions for the US healthcare market, is pleased to confirm that, following expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and satisfaction of other customary conditions, the Company's acquisition of Sentry has now completed.

Unless otherwise stated, capitalised words and expressions in this announcement have the meaning given in the acquisition and placing announcements made by the Company on 7 June 2021.

Total voting rights

Application has been made for the 2,507,348 Consideration Shares to be admitted to trading on AIM ("Admission"). Admission of the Consideration Shares is expected to occur at 8.00 a.m. on Wednesday 14 July 2021.

Following Admission, the Company will have a total of 35,526,539 Ordinary Shares in issue. With effect from Admission, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

Enquiries:

Craneware plc Keith Neilson, CEO Craig Preston, CFO	[phone]
Goldman Sachs International (Financial Adviser) Khamran Ali Nick Harper Tom Hartley Tanguy Croguennoc	[phone]
Peel Hunt (NOMAD and Joint Broker)  Dan Webster George Sellar Andrew Clark Will Bell	[phone]
Investec Bank (Joint Broker) Patrick Robb Henry Reast Sebastian Lawrence	[phone]
Joh. Berenberg, Gossler & Co. KG ( Joint Broker ) Mark Whitmore James White Alix Mecklenburg-Solodkoff	[phone]
Alma (Financial PR) Caroline Forde Hilary Buchanan Robyn Fisher Joe Pederzolli	[phone] [e-mail]

 

END

 

 

ACQBLLLFFDLEBBQ