Grant of Options

RNS Number : 3859S
Craneware plc
23 September 2014
 



 

 

Craneware plc

("Craneware" or the "Company")

 

Grant of Options

 

23 September 2014 - The Board of Craneware plc (AIM: CRW.L), the market leader in automated revenue integrity solutions of the US healthcare market, announces that on 22 September 2014, the Remuneration Committee approved the granting of share options to certain Directors to subscribe for ordinary shares of 1p each in the Company as follows:

 

Director

No. of options granted

Percentage of issued share capital




Keith Neilson (Chief Executive Officer)

39,090

0.15

Craig Preston (Chief Financial Officer)

36,808

0.14

 

The above options have been granted at an exercise price of 522.5p per share (being the closing market price on 22 September 2014). These options will be subject to performance criteria, such that they vest in three equal tranches over three years. One third of the share options will vest on or after 30 June 2015, one third on or after 30 June 2016 and the final third on or after 30 June 2017. The share options will not become exercisable until three years from the date of the grant.

 

For further information, please contact:

 

Craneware plc

Peel Hunt        

Newgate Threadneedle

+44 (0)131 550 3100

+44 (0)20 7418 8900

+44 (0)20 7653 9850

Keith Neilson, CEO

Dan Webster

Caroline Forde

Craig Preston, CFO

Richard Kauffer

Tim Thompson

Heather Armstrong

Edward Treadwell

 

 

About Craneware

 

Founded in 1999, Craneware has its 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 for healthcare organisations. Craneware's market-driven, SaaS solutions help hospitals and other healthcare providers more effectively price, charge, code and retain earned revenue for patient care services and supplies. This optimises reimbursement, increases operational efficiency and minimises compliance risk. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com.

 

 

 


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