Vesting of Long Term Incentive Plan Awards

3 October 2023 - The Board of Craneware plc (AIM: CRW.L), the market leader in automated Value Cycle solutions for the US healthcare market, announces that on 2 October 2023, under the terms of the Craneware plc Long Term Incentive Plan (2016) ("LTIP"), conditional awards of ordinary shares of 1p each in the Company ("Shares") which were granted to three Directors of the Company and to the Company's Chief Legal Officer, who is also a person discharging managerial responsibility ('PDMR'), vested to the extent that certain performance conditions were satisfied.

*excluding 251,217 Ordinary Shares held in treasury.

The net amount of Shares received by these three Directors and the other PDMR, as shown in the table above, from the vested LTIP awards was after payment of the associated tax liabilities. No consideration was payable by each of the three Directors or by the other PDMR to receive the Shares from these LTIP awards.

The net number of Shares from these vested LTIP awards, as shown in the table above, received by each of the three Directors and the other PDMR are subject to a two year post-vesting holding period.

Following this transaction, Keith Neilson holds 3,466,139 Shares which is 9.82% of the issued share capital* of the Company, Craig Preston holds 98,849 Shares which is 0.28% of the issued share capital* of the Company, Isabel Urquhart holds 11,495 Shares which is 0.033% of the issued share capital* of the Company and Eric Carter holds 15,835 Shares which is 0.045% of the issued share capital* of the Company.

PDMR notification: Keith Neilson

• Details of the Restricted Person / person closely associated with him or her
• Name Keith Neilson
• Reason for the notification
• Position / status CEO
• Initial notification / Amendment Initial notification
• Name Craneware plc
• LEI 213800O2CTJ1YFXNXG05
• Description of the financial instrument, type of

instrument Ordinary shares of 1p each in the capital of Craneware plc

• Identification code ISIN GB00B2425G68
• Nature of the transaction 1) Vesting of conditional share award under the Craneware plc Long Term Incentive Plan (2016)
• Surrender of Ordinary Shares to satisfy tax liabilities on vesting of conditional share award
• Price(s) and volume(s) 1) Volume(s) released from vested award 15,328,

Price(s) £0

• Volumes(s) surrendered 8,632, Price(s) £14.90
• Aggregated information:
• Aggregated volume 1) 15,328
• 8,632
• Price(s) 1) £0
• £14.90
• Date of the transaction 2023-10-02
• Place of the transaction Outside a trading venue

PDMR notification: Craig Preston

• Details of the Restricted Person / person closely associated with him or her
• Name Craig Preston
• Reason for the notification
• Position / status CFO
• Initial notification / Amendment Initial notification
• Name Craneware plc
• LEI 213800O2CTJ1YFXNXG05
• Description of the financial instrument, type of

instrument Ordinary shares of 1p each in the capital of Craneware plc

• Identification code ISIN GB00B2425G68
• Nature of the transaction 1) Vesting of conditional share award under the Craneware plc

Long Term Incentive Plan (2016)

• Surrender of Ordinary Shares to satisfy tax liabilities on vesting of conditional share award
• Price(s) and volume(s) 1) Volume(s) released from vested award 11,393, Price(s) £0
• Volumes(s) surrendered 6,416, Price(s) £14.90
• Aggregated information:
• Aggregated volume 1) 11,393
• 6,416
• Price(s) 1) £0
• £14.90
• Date of the transaction 2023-10-02
• Place of the transaction Outside a trading venue

PDMR notification: Isabel Urquhart

• Details of the Restricted Person / person closely associated with him or her
• Name Isabel Urquhart
• Reason for the notification
• Position / status Chief People Officer
• Initial notification / Amendment Initial notification
• Name Craneware plc
• LEI 213800O2CTJ1YFXNXG05
• Description of the financial instrument, type of

instrument Ordinary shares of 1p each in the capital of Craneware plc

• Identification code ISIN GB00B2425G68
• Nature of the transaction 1) Vesting of conditional share award under the Craneware plc

Long Term Incentive Plan (2016)

• Surrender of Ordinary Shares to satisfy tax liabilities on vesting of conditional share award
• Price(s) and volume(s) 1) Volume(s) released from vested award 7,315, Price(s) £0
• Volumes(s) surrendered 4,120, Price(s) £14.90
• Aggregated information:
• Aggregated volume 1) 7,315
• 4,120
• Price(s) 1) £0
• £14.90
• Date of the transaction 2023-10-02
• Place of the transaction Outside a trading venue

PDMR notification: Eric Carter

• Details of the Restricted Person / person closely associated with him or her
• Name Eric Carter
• Reason for the notification
• Position / status Chief Legal Officer
• Initial notification / Amendment Initial notification
• Name Craneware plc
• LEI 213800O2CTJ1YFXNXG05
• Description of the financial instrument, type of

instrument Ordinary shares of 1p each in the capital of Craneware plc

• Identification code ISIN GB00B2425G68
• Nature of the transaction 1) Vesting of conditional share award under the Craneware plc

Long Term Incentive Plan (2016)

• Surrender of Ordinary Shares to satisfy tax liabilities on vesting of conditional share award
• Price(s) and volume(s) 1) Volume(s) released from vested award 9,793, Price(s) £0
• Volumes(s) surrendered 2,870, Price(s) £14.90
• Aggregated information:
• Aggregated volume 1) 9,793
• 2,870
• Price(s) 1) £0
• £14.90
• Date of the transaction 2023-10-02
• Place of the transaction Outside a trading venue

Learn more at www.thecranewaregroup.com