Completion of SDS Holdco, Inc. Acquisition

RNS Number : 9950E
Craneware plc
13 July 2021
 

For immediate release

LEI: 213800O2CTJ1YFXNXG05

13 July 2021

Craneware plc

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

 

Completion of the acquisition of SDS Holdco, Inc.  ("Sentry") andTotal Voting Rights

 

Craneware, a market leader in Value Cycle solutions for the US healthcare market, is pleased to confirm that, following expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and satisfaction of other customary conditions, the Company's acquisition of Sentry has now completed.

Unless otherwise stated, capitalised words and expressions in this announcement have the meaning given in the acquisition and placing announcements made by the Company on 7 June 2021.

 

Total voting rights

Application has been made for the 2,507,348 Consideration Shares to be admitted to trading on AIM ("Admission"). Admission of the Consideration Shares is expected to occur at 8.00 a.m. on Wednesday 14 July 2021.

Following Admission, the Company will have a total of 35,526,539 Ordinary Shares in issue. With effect from Admission, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

 

Enquiries:

Craneware plc

Keith Neilson, CEO

Craig Preston, CFO

 

+44 (0)131 550 3100

Goldman Sachs International

(Financial Adviser)

Khamran Ali

Nick Harper

Tom Hartley

Tanguy Croguennoc

 

+44 (0)20 7774 1000

Peel Hunt

(NOMAD and Joint Broker) 

Dan Webster

George Sellar

Andrew Clark

Will Bell

+44 (0)20 7418 8900

 

 

Investec Bank

(Joint Broker)

Patrick Robb

Henry Reast

Sebastian Lawrence

+44 (0)20 7597 5970

 

 

Joh. Berenberg, Gossler & Co. KG

( Joint Broker )

Mark Whitmore

James White

Alix Mecklenburg-Solodkoff

+44 (0)20 3207 7800

 

 

Alma (Financial PR)

Caroline Forde

Hilary Buchanan

Robyn Fisher

Joe Pederzolli

+44 (0)203 405 0205

craneware@almapr.co.uk

 

 

 

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