REG - Craneware plc - Completion of SDS Holdco, Inc. Acquisition

CranewareAnnouncement

13/07/2021 07:00

RNS Number : 9950E
  
Craneware plc
  
13 July 2021
  
 

For immediate release
LEI: 213800O2CTJ1YFXNXG05
13 July 2021
Craneware plc
("Craneware", the "Company" or the "Group")
 
Completion of the acquisition of SDS Holdco, Inc. ("Sentry") and Total Voting Rights
 
Craneware, a market leader in Value Cycle solutions for the US healthcare market, is pleased to confirm that, following expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and satisfaction of other customary conditions, the Company's acquisition of Sentry has now completed.
Unless otherwise stated, capitalised words and expressions in this announcement have the meaning given in the acquisition and placing announcements made by the Company on 7 June 2021.
 
Total voting rights
Application has been made for the 2,507,348 Consideration Shares to be admitted to trading on AIM ("Admission"). Admission of the Consideration Shares is expected to occur at 8.00 a.m. on Wednesday 14 July 2021.
Following Admission, the Company will have a total of 35,526,539 Ordinary Shares in issue. With effect from Admission, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.
 
Enquiries:



Craneware plc
Keith Neilson, CEO
Craig Preston, CFO
 


+44 (0)131 550 3100




Goldman Sachs International
(Financial Adviser)
Khamran Ali
Nick Harper
Tom Hartley
Tanguy Croguennoc
 


+44 (0)20 7774 1000




Peel Hunt
(NOMAD and Joint Broker)        
Dan Webster
George Sellar
Andrew Clark
Will Bell


+44 (0)20 7418 8900




 


 




Investec Bank
(Joint Broker)
Patrick Robb
Henry Reast
Sebastian Lawrence


+44 (0)20 7597 5970




 


 




Joh. Berenberg, Gossler & Co. KG
(Joint Broker)
Mark Whitmore
James White
Alix Mecklenburg-Solodkoff


+44 (0)20 3207 7800




 


 




Alma (Financial PR)
Caroline Forde
Hilary Buchanan
Robyn Fisher
Joe Pederzolli


+44 (0)203 405 0205
craneware@almapr.co.uk
 
 



 

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