TIDMCRW

RNS Number : 3280T

Craneware plc

13 November 2019

Craneware plc

Result of AGM

13 November 2019 - Craneware plc (AIM: CRW.L), the market leader in Value Cycle software solutions for the US healthcare market, is pleased to announce that at its Annual General Meeting held yesterday, all resolutions were duly passed.

Following the close of the meeting, Ron Verni, Non-executive Director, has temporarily taken the role of Interim Chairman until Will Whitehorn assumes the role of Chairman of the Board on 1 January 2020, as described in the AGM Statement released yesterday.

The proxy voting results are included below.

 
 Resolution      For        Against       Discretion      Withheld     Total 
                                          to Chairman 
                                        and Third party 
     01       17,146,910       0              0            7,211     17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     02       16,557,831    595,563           0             727      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     03       12,434,608   4,601,250          0           118,263    17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     04       17,119,616    33,979            0             526      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     05       17,117,165    36,430            0             526      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     06       13,139,798   4,013,797          0             526      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     07       17,122,584    31,011            0             526      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     08       17,153,595       0              0             526      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     09       12,276,731   4,876,663          0             727      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     10       16,153,986    998,429         1,180           526      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     11       17,147,775     5,820            0             526      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     12       16,056,496   1,097,099          0             526      17,154,121 
             -----------  ----------  -----------------  ---------  ----------- 
     13       16,950,177    200,450           0            3,494     17,154,121 
             -----------  ----------  -----------------  ---------  -----------

Resolutions 3, 6 and 9

The Board of Directors notes that while Resolutions 3, 6 and 9 were passed and a majority of over 71% of the proxy votes received were 'for' each of these resolutions, a number of the proxy votes received opposed these resolutions.

We will consult with our shareholders in order to understand more fully the reasons for their votes in regard to these resolutions and we will reflect carefully on feedback received from our shareholders.

An update on the consultation process will be made, in accordance with the UK Corporate Governance Code, within six months of the AGM.

For further information, please contact:

 
 Craneware plc    Peel Hunt (NOMAD & Joint   Investec Bank (Joint   Alma (Financial 
                   Broker)                    Broker)                PR) 
 +44 (0)131 550                                                     +44 (0)203 405 
  3100            +44 (0)20 7418 8900        +44 (0)20 7597 5970     0205 
 Keith Neilson,   Dan Webster                Patrick Robb           Caroline Forde 
  CEO 
 Craig Preston,   George Sellar              Sebastian Lawrence     Hilary Buchanan 
  CFO 
                  Guy Pengelley              Henry Reast            Helena Bogle

About Craneware

Craneware enables healthcare providers to improve margins and enhance patient outcomes so they can continue to provide quality outcomes for all.

Craneware is the leader in automated Value Cycle solutions that help US Healthcare provider organisations discover, convert and optimise assets to achieve best clinical outcomes and financial performance. Founded in 1999, Craneware is headquartered in Edinburgh, Scotland with offices in Atlanta and Pittsburgh employing over 350 staff. Craneware's market-driven, SaaS solutions normalise disparate data sets, bringing in up-to-date regulatory and financial compliance data to deliver value at the points where clinical and operational data transform into financial transactions, creating actionable insights that enable informed tactical and strategic decisions. To learn more, visit craneware.com and thevaluecycle.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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