CRW2 Mar 2011 07:18
Further evidence of confidence here
Director & PDMR Shareholding
2 March 2011 - Craneware plc (AIM: CRW.L; OTC: CRWRY), the market leader in automated revenue integrity solutions for the US healthcare market, has been informed that the two co-founders of the business, Keith Neilson, Chief Executive Officer, and Gordon Craig, CTO and recently appointed President of Craneware US operations, each purchased yesterday 3,525 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 564.75 pence per share.
Following these transactions, Mr. Neilson has a total holding in the Company of 3,428,779 Ordinary Shares, which represents 12.95% of the total issued share capital, and Mr. Craig has a total holding in the Company of 3,153,151 Ordinary Shares, which represents 11.91% of the total issued share capital.
Further to the Additional Listing announcement yesterday, it should be noted that the denominator for these calculations includes the 509,097 new ordinary shares which were allotted yesterday to certain of the ClaimTrust, Inc. ("ClaimTrust") vendors, as part of the initial consideration for the acquisition of ClaimTrust. These shares are subject to a twelve month lock-in once they are admitted on 3 March 2011.