TIDMCRW
RNS Number : 5692O
Craneware plc
03 October 2023
Craneware plc
("Craneware" or the "Company")
Vesting of Long Term Incentive Plan Awards
3 October 2023 - The Board of Craneware plc (AIM: CRW.L), the
market leader in automated Value Cycle solutions for the US
healthcare market, announces that on 2 October 2023 , 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 three Directors of the
Company and to the Company's Chief Legal Officer, who is also a
person discharging managerial responsibility ('PDMR'), vested to
the extent that certain performance conditions were satisfied.
Director Gross number Number of shares Net number of Percentage
/ other of Shares from withheld to satisfy Shares received of issued
PDMR conditional share tax liabilities from conditional share capital*
awards vested on vesting of share awards of the Company
on conditional share vested on
2 October 2023 awards 2 October 2023
Keith Neilson
(CEO) 15,328 (8,632) 6,696 0.019%
------------------- --------------------- ------------------ ----------------
Craig Preston
(CFO) 11,393 (6,416) 4,977 0.014%
------------------- --------------------- ------------------ ----------------
Isabel Urquhart
(CPO) 7,315 (4,120) 3,195 0.009%
------------------- --------------------- ------------------ ----------------
Eric Carter
(CLO) 9,793 (2,870) 6,923 0.020%
------------------- --------------------- ------------------ ----------------
*excluding 251,217 Ordinary Shares held in treasury.
The net amount of Shares received by these three Directors and
the other PDMR, as shown in the table above, from the vested LTIP
awards was after payment of the associated tax liabilities. No
consideration was payable by each of the three Directors or by the
other PDMR to receive the Shares from these LTIP awards.
The net number of Shares from these vested LTIP awards, as shown
in the table above, received by each of the three Directors and the
other PDMR are subject to a two year post-vesting holding
period.
Following this transaction, Keith Neilson holds 3,466,139 Shares
which is 9.82% of the issued share capital* of the Company, Craig
Preston holds 98,849 Shares which is 0.28% of the issued share
capital* of the Company, Isabel Urquhart holds 11,495 Shares which
is 0.033% of the issued share capital* of the Company and Eric
Carter holds 15,835 Shares which is 0.045% 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 1) Vesting of conditional share
award under the
Craneware plc Long Term Incentive Plan (2016)
2) Surrender of Ordinary Shares to satisfy tax liabilities on
vesting of conditional share award
d) Price(s) and volume(s) 1) Volume(s) released from vested
award 15,328 ,
Price(s) GBP0
2) Volumes(s) surrendered 8,632, Price(s) GBP14.90
e) Aggregated information:
i. Aggregated volume 1) 15,328
2) 8,632
ii. Price(s) 1) GBP0
2) GBP14.90
f) Date of the transaction 2023-10-02
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 1) Vesting of conditional share
award under the Craneware plc
Long Term Incentive Plan (2016)
2) Surrender of Ordinary Shares to satisfy tax liabilities on
vesting of conditional share award
d) Price(s) and volume(s) 1) Volume(s) released from vested
award 11,393 , Price(s) GBP0
2) Volumes(s) surrendered 6,416, Price(s) GBP14.90
e) Aggregated information:
i. Aggregated volume 1) 11,393
2) 6,416
ii. Price(s) 1) GBP0
2) GBP14.90
f) Date of the transaction 2023-10-02
g) Place of the transaction Outside a trading venue
PDMR notification: Isabel Urquhart
1. Details of the Restricted Person / person closely associated with him or her
a) Name Isabel 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 Ordinary shares of 1p each in the capital of
Craneware plc
b) Identification code ISIN GB00B2425G68
c) Nature of the transaction 1) Vesting of conditional share
award under the Craneware plc
Long Term Incentive Plan (2016)
2) Surrender of Ordinary Shares to satisfy tax liabilities on vesting of conditional share award
d) Price(s) and volume(s) 1) Volume(s) released from vested
award 7,315 , Price(s) GBP0
2) Volumes(s) surrendered 4,120, Price(s) GBP14.90
e) Aggregated information:
i. Aggregated volume 1) 7,315
2) 4,120
ii. Price(s) 1) GBP0
2) GBP14.90
f) Date of the transaction 2023-10-02
g) Place of the transaction Outside a trading venue
PDMR notification: Eric Carter
1. Details of the Restricted Person / person closely associated with him or her
a) Name Eric Carter
2. Reason for the notification
a) Position / status Chief Legal 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 Ordinary shares of 1p each in the capital of
Craneware plc
b) Identification code ISIN GB00B2425G68
c) Nature of the transaction 1) Vesting of conditional share
award under the Craneware plc
Long Term Incentive Plan (2016)
2) Surrender of Ordinary Shares to satisfy tax liabilities on
vesting of conditional share award
d) Price(s) and volume(s) 1) Volume(s) released from vested
award 9,793 , Price(s) GBP0
2) Volumes(s) surrendered 2,870, Price(s) GBP14.90
e) Aggregated information:
i. Aggregated volume 1) 9,793
2) 2,870
ii. Price(s) 1) GBP0
2) GBP14.90
f) Date of the transaction 2023-10-02
g) Place of the transaction Outside a trading venue
For further information, please contact:
Craneware plc +44 (0)131 550 3100
Keith Neilson, CEO
Craig Preston, CFO
Alma (Financial PR) +44 (0)20 3405 0205
Caroline Forde, Joe Pederzolli, Kinvara Verdon
craneware@almapr.co.uk
Peel Hunt (NOMAD and Joint Broker) +44 (0)20 7418 8900
Neil Patel, Paul Gillam, Richard Chambers
Investec Bank PLC (Joint Broker) +44 (0)20 7597 5970
Patrick Robb, Henry Reast, Cameron MacRitchie
Berenberg (Joint Broker) +44 (0)20 3207 7800
Mark Whitmore, Richard Andrews, Dan Gee-Summons
About Craneware
The Craneware Group (AIM:CRW.L), the market leader in automated
value cycle solutions, including 340B management, collaborates with
U.S. healthcare providers to plan, execute, and monitor operational
and financial performance so they can continue to deliver quality
care to their communities. Customers choose The Craneware Group's
Trisus data and applications platform as their key to navigating
the journey to financially sustainable value-based care. Trisus
combines revenue integrity, cost management, 340B performance, and
decision enablement into a single, SaaS-based platform. Trisus
Chargemaster secured top ranking in the Chargemaster Management
category of the "2023 Best in KLAS Awards: Software & Services"
and is part of an extensive value cycle management suite. The
Craneware Group - transforming the business of healthcare.
Learn more at www.thecranewaregroup.com
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END
MSCBSBDGGUGDGXX
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October 03, 2023 10:52 ET (14:52 GMT)
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