Additional Listing

RNS Number : 5238D
Craneware plc
24 March 2011
 



Craneware plc

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

 

Additional Listing

 

As announced on 18 February 2011, as part of the initial consideration for the acquisition of ClaimTrust, Inc. ("ClaimTrust"), the Company will apply for 641,917 New Ordinary Shares of 1p each ("New Ordinary Shares") to be admitted to AIM, in weekly aggregate instalments, following satisfaction by each of the vendors of the necessary regulatory documentation.

 

In this regard, regulatory documentation satisfaction by a number of vendors has resulted in the Company applying for a further 25,579 New Ordinary Shares to be admitted to trading on AIM. These shares will rank pari passu with the existing issued ordinary shares of the Company and dealings are expected to commence on 29 March 2011. Of the total 641,917 New Ordinary Shares to be admitted to AIM in connection with the acquisition of ClaimTrust, 632,723 are subject to a twelve month lock in and 70,828 of the total are still to be applied for.

 

Following this admission of New Ordinary Shares, the total number of shares in issue with voting rights will be 26,536,039.

 

 

For further information, please contact:

 

Craneware plc

Peel Hunt        

Threadneedle Communications

+44 (0)131 550 3160

+44 (0)20 7418 8900

+44 (0)20 7653 9850

Keith Neilson, CEO

Dan Webster

Caroline Evans-Jones

Craig Preston, CFO

Richard Kauffer

Fiona Conroy

 

About Craneware

 

Founded in 1999, Craneware has headquarters in Edinburgh, Scotland with offices in Atlanta,   Arizona, Massachusetts and Tennessee employing over 200 staff. Craneware is the leader in automated revenue integrity solutions that improve financial performance and mitigate risk for healthcare organisations. Craneware's market-driven, SaaS solutions help hospitals and other healthcare providers more effectively price, charge and code for services and supplies associated with patient care. These optimise reimbursement, increase operational efficiency and minimise compliance risk. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com and stoptheleakage.com.


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