Craneware plc has announced that on October 2, 2023, certain conditional awards of ordinary shares in the company vested for three directors and the chief legal officer. The net number of shares received by each individual after tax liabilities were deducted are as follows: Keith Neilson (CEO) received 6,696 shares, Craig Preston (CFO) received 4,977 shares, Isabel Urquhart (CPO) received 3,195 shares, and Eric Carter (CLO) received 6,923 shares. These shares represent a small percentage of the issued share capital of the company.
The directors and the chief legal officer are subject to a two-year post-vesting holding period for the shares. Following the transaction, Keith Neilson holds 3,466,139 shares, Craig Preston holds 98,849 shares, Isabel Urquhart holds 11,495 shares, and Eric Carter holds 15,835 shares.
The transactions were made under the Craneware plc Long Term Incentive Plan (2016). The shares were vested and surrendered to satisfy tax liabilities. The transactions took place outside of a trading venue.