Business
Additional Listing
Additional Listing.
About this update from Craneware Plc
[{"type":"text","content":"\n \nRNS Number : 1870E Craneware plc 01 April 2011 \n \n\nCraneware plc\n(\"Craneware\", \"the Group\" or the \"Company\")\n \nAdditional Listing\n \nAs 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.\n \nIn this regard, regulatory documentation satisfaction by a number of vendors has resulted in the Company applying for a further 16,095 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 7 April 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 54,733 of the total are still to be applied for.\n \nFollowing this admission of New Ordinary Shares, the total number of shares in issue with voting rights will be 26,552,134.\n \n \nFor further information, please contact:\n \n\n\n\n\nCraneware plc\n\n\nPeel Hunt \n\n\nThreadneedle Communications\n\n\n\n\n+44 (0)131 550 3160\n\n\n+44 (0)20 7418 8900\n\n\n+44 (0)20 7653 9850\n\n\n\n\nKeith Neilson, CEO\n\n\nDan Webster \n\n\nCaroline Evans-Jones\n\n\n\n\nCraig Preston, CFO\n\n\nRichard Kauffer\n\n\nFiona Conroy\n\n\n\n\n \nAbout Craneware\n \nFounded 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 l...