TIDMCRW

RNS Number : 9714G

Craneware plc

20 March 2020

Craneware plc

("Craneware" or the "Company")

Blocklisting Application

Craneware plc (AIM: CRW.L), the market leader in Value Cycle solutions for the US healthcare market, announces that a block listing application has been made to the London Stock Exchange for 350,000 ordinary shares of one pence each ("Ordinary Shares") to be admitted to trading on AIM (the "Admission"). The Ordinary Shares that are being reserved under this block listing application will be issued by the Company, as required, in order to satisfy the exercise of share options and vested awards pursuant to the terms of the following share plans:

 
                 Share plan                    Number of Ordinary 
                                                     Shares 
 The Craneware plc Schedule 4 Company Share 
  Option Plan (2016)                                       50,000 
                                              ------------------- 
 The Craneware plc Unapproved Company Share 
  Option Plan (2016)                                      200,000 
                                              ------------------- 
 The Craneware plc Long Term Incentive Plan 
  (2016)                                                  100,000 
                                              ------------------- 
 
 Total                                              350,000 
                                              ------------------- 
 

It is expected that Admission of these Ordinary Shares will become effective on 23 March 2020. When issued, the Ordinary Shares will be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares.

For further information, please contact:

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

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

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.

END

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