Business
Result of General Meeting - Replacement
Craneware plc's August 20, 2025, general meeting resulted in the approval of all four resolutions regarding a capital reduction. Resolution 1, to capitalize the merger reserve and allot B ordinary shares, received 24,506,336 votes for (100.00%), 343 votes against (0.00%), and 4,665 votes withheld. Resolution 2, outlining B ordinary share rights and restrictions, received 24,510,788 votes for (100.00%), 343 votes against (0.00%), and 213 votes withheld. Resolutions 3 and 4, concerning capital reduction by cancelling B ordinary shares and cancelling the share premium account respectively, also achieved 100% approval with minimal votes against and withheld. A total of 24,511,344 votes were cast across all resolutions, representing 69.22% of the total voting rights (35,409,802 ordinary shares in issue). The capital reduction is conditional upon Court of Session approval, expected around October 2025. Disclaimer*
About this update from Craneware Plc
[{"type":"text","content":"\n\nThe headline for the Craneware plc announcement released on 20 August 2025 at 16:28 under RNS No 1424W should read Result of General Meeting.\n \nThe announcement text is unchanged and is reproduced in full below.\n \n \nCraneware plc\n(\"Craneware\" or the \"Company\")\n Result of General Meeting\n \n20 August 2025 - Craneware (AIM: CRW.L), a leader in healthcare financial performance solutions, announces that at a general meeting of the Company (the \"General Meeting\") held earlier today, at Tanfield House, 1 Tanfield, Edinburgh, EH3 5DA, UK, the resolutions to approve the proposed capital reduction were voted on by shareholders, by way of a poll, and were duly approved.\nDetails of the resolutions were set out in the circular posted to shareholders on 1 August 2025 which can also be found on the Company's website at www.thecranewaregroup.com.\n\n\n\n\nNo.\n\n\nResolution\n\n\nVotes For (a)\n\n\n% For\n\n\nVotes Against\n\n\n% Against\n\n\nVotes Withheld (b)\n\n\nTotal\n\n\n\n\n1\n\n\nTo capitalise the merger reserve of the Company and authorise the directors to allot unissued B ordinary shares\n\n\n \n24,506,336 \n\n\n \n100.00\n\n\n \n343\n\n\n \n0.00\n\n\n \n4,665 \n\n\n \n24,511,344\n\n\n\n\n2\n\n\nTo set out the rights and restrictions attaching to the B ordinary shares\n\n\n24,510,788\n\n\n100.00\n\n\n343\n\n\n0.00\n\n\n213\n\n\n24,511,344\n\n\n\n\n3\n\n\nTo reduce the capital of the Company by cancelling and extinguishing the B Ordinary Shares allotted and issued pursuant to resolution 1 and to credit the amount of such reduction to the reserves of the Company\n\n\n \n \n24,511,131 \n\n\n \n \n100.00\n\n\n \n \n0\n\n\n \n \n0.00\n\n\n \n \n213\n\n\n \n \n24,511,344\n\n\n\n\n4\n\n\nTo cancel the share premium account of the Company and to credit the amount of such reduction to the reserves of the Company\n\n\n \n24,511,131 \n\n\n \n100.00\n\n\n \n0\n\n\n \n0.00\n\n\n \n213\n\n\n \n24,511,344\n\n\n\n\n \nNotes:\n(a) The 'For' votes include those proxy votes which gave the Chair discretion.\n(b) A vote withheld is not a vote in law and is not counted in the calculation...