Craneware plc
("Craneware" or the "Company")
Holdings in the Company
18 June 2020 - The Board of Craneware plc (AIM: CRW.L), the market leader in Value Cycle software solutions for the US healthcare market, has been notified that Derek Paterson, CIO of the Company, has today transferred 265,100 ordinary shares of 1p each in the Company ("Ordinary Shares") to members of his family, as part of his estate planning. The holdings shall be subject to certain lock-in arrangements.
Subsequent to this transaction, Mr. Paterson holds 622,872 Ordinary Shares in the Company, representing 2.3% of the issued share capital.
NOTIFICATION OF MAJOR HOLDINGS |
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1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : |
CRANEWARE PLC |
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1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) |
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Non-UK issuer |
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2. Reason for the notification (please mark the appropriate box or boxes with an "X") |
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An acquisition or disposal of voting rights |
x |
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An acquisition or disposal of financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify)iii: |
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3. Details of person subject to the notification obligation iv |
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Name |
DEREK PATERSON |
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City and country of registered office (if applicable) |
N/A |
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4. Full name of shareholder(s) (if different from 3.) v |
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Name |
N/A |
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City and country of registered office (if applicable) |
N/A |
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5. Date on which the threshold was crossed or reached vi : |
18/6/2020 |
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6. Date on which issuer notified (DD/MM/YYYY): |
18/6/2020 |
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7. Total positions of person(s) subject to the notification obligation |
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% of voting rights attached to shares (total of 8. A) |
% of voting rights through financial instruments |
Total of both in % (8.A + 8.B) |
Total number of voting rights of issuer vii |
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Resulting situation on the date on which threshold was crossed or reached |
2.3% |
N/A |
2.3% |
26,826,539 |
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Position of previous notification (if applicable) |
3.4% |
N/A |
3.4% |
24,929,950 |
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8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii |
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A: Voting rights attached to shares |
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Class/type of ISIN code (if possible) |
Number of voting rights ix |
% of voting rights |
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Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) |
Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) |
Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
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GB00B2425G68 |
622,872 |
N/A |
2.3% |
N/A |
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SUBTOTAL 8. A |
622,872 |
2.3% |
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B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) |
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Type of financial instrument |
Expiration |
Exercise/ |
Number of voting rights that may be acquired if the instrument is exercised/converted. |
% of voting rights |
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SUBTOTAL 8. B 1 |
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B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) |
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Type of financial instrument |
Expiration |
Exercise/ |
Physical or cash settlement xii |
Number of voting rights |
% of voting rights |
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SUBTOTAL 8.B.2 |
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") |
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Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii |
X |
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Full
chain of controlled undertakings through which the voting rights and/or the |
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Name xv |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
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10. In case of proxy voting, please identify: |
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Name of the proxy holder |
N/A |
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The number and % of voting rights held |
N/A |
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The date until which the voting rights will be held |
N/A |
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11. Additional information xvi |
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Disposal is a transfer (including voting rights) to members of family under a "Deed of Gift" |
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Place of completion |
Edinburgh, Scotland |
Date of completion |
18/6/2020 |
For further information, please contact:
Craneware plc |
Peel Hunt (NOMAD & Joint Broker) |
Investec Bank (Joint Broker) |
Alma (Financial PR) |
+44 (0)131 550 3100 |
+44 (0)20 7418 8900 |
+44 (0)20 7597 5970 |
+44 (0)203 405 0205 |
Keith Neilson, CEO |
Dan Webster |
Patrick Robb |
Caroline Forde |
Craig Preston, CFO |
George Sellar |
Sebastian Lawrence |
Helena Bogle |
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Andrew Clark |
Henry Reast |
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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