Business
Vesting of Long Term Incentive Plan Award
Vesting of Long Term Incentive Plan Award.
About this update from Craneware Plc
[{"type":"text","content":"\n \n \n RNS Number : 7713H\n Craneware plc\n 26 March 2020\n \n \n \n \n \n \n \n Craneware plc\n \n \n (\"Craneware\" or the \"Company\")\n \n \n \n \n \n Vesting of Long Term Incentive Plan Award\n \n \n \n \n \n \n 26 March 2020\n \n -\n \n The Board of Craneware plc (AIM: CRW.L), the market leader in Value Cycle solutions for the US healthcare market,\n \n \n announces that on 24 March 2020\n , under the terms of the Craneware plc Long Term Incentive Plan (2016) (\"LTIP\"), a conditional award of \n ordinary shares of 1p each in the Company (\"Shares\") which was granted to a \n Director of the Company on 24 March 2017, vested following the satisfaction of certain performance conditions. \n \n \n \n \n \n Craig Preston, a Director and CFO of the Company, received a net amount of \n 3,824\n Shares, which is 0.01% of the issued share capital of the Company, from the vested LTIP award after deduction of the associated tax liabilities. No consideration was payable by Craig Preston to receive the Shares from this LTIP award. \n \n \n \n \n \n Following this transaction, Craig Preston holds 85,927 Shares which is 0.32% of the issued share capital of the Company. \n \n \n \n \n \n \n \n \n \n \n \n PDMR notification: Craig Preston\n \n \n \n \n \n 1. Details of the Restricted Person / person closely associated with him or her\n \n \n a) Name Craig Preston\n \n \n \n \n \n 2. Reason for the notification\n \n \n a) Position / status CFO\n \n \n b) Initial notification / Amendment Initial notification\n \n \n \n \n \n 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n \n \n a) Name Craneware plc\n \n \n b) LEI 213800O2CTJ1YFXNXG05\n \n \n \n \n \n 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted\n \n \n \n \n \n a) Description of the financial instrument, type of\n \n \n instrument Ordinary shares of 1p each in the capital of Craneware plc\n \n \n \n \n \n b) Identification code ISIN GB00B2425G68\n \n \n \n \n \n c) Nature of the transaction Vesting of co...