27 Nov 2013 11:07
For immediate release 27 November 2013
STATPRO GROUP PLC
("StatPro" or the "Group")
Directors' dealings
The Company was informed yesterday of the following transactions, all of which took place on the same day.
Carl Bacon, Non-executive Chairman, purchased 36,000 shares into his SIPP account at 83.1p per Ordinary Share. The spouse of Carl Bacon sold 36,000 shares from her direct account at 83p per Ordinary Share.
Following these transactions Carl Bacon remains interested in 800,000 Ordinary Shares representing approximately 1.19% of the Company's issued Ordinary Share capital.
Mark Adorian, Non-executive Chairman, purchased 76,900 shares into his ISA account and 12,450 shares into his SIPP account at 83p per Ordinary Share. Mark Adorian sold 89,350 shares from his direct account at 83p per Ordinary Share.
The spouse of Mark Adorian, Non-executive Chairman, purchased 77,000 shares into her ISA account and 10,500 shares into her SIPP account at 83p per Ordinary Share. The spouse of Mark Adorian sold 87,500 shares from her direct account at 83p per Ordinary Share.
Following these transactions Mark Adorian remains interested in 2,873,548 Ordinary Shares, representing approximately 4.26 per cent. of the Company's issued Ordinary Share Capital.
- Ends -
For further information, please contact:
StatPro Group plc | www.statpro.com | |
Justin Wheatley, Chief Executive | 020 8410 9876 | |
Andrew Fabian, Finance Director | ||
Cenkos Securities | ||
Stephen Keys | 020 7397 8926 | |
Christopher Golden | 020 7379 8922 | |
Julian Morse (Sales) | 020 7397 1931 | |
Newgate Threadneedle | ||
Caroline Evans-Jones/ Hilary Millar | 020 7653 9850 |
About StatPro
StatPro is a global provider of portfolio analytics for the investment community. Our cloud-based services provide vital analysis of portfolio performance, attribution and risk. Hundreds of investment professionals use our cloud services directly or through a fund administrator/partner to perform sophisticated analysis, reporting and distribution every day.
With nearly 20 years of experience and expertise, we believe analytics should be sophisticated yet simple and useful as well as secure. StatPro data coverage includes global equities, global bonds, global mutual funds, most families of benchmarks, FX rates, sector classifications and much else besides.
StatPro has grown its recurring revenue from less than £1 million in 1999 to around £30 million at 30 June 2013 and currently enjoys a renewal rate of approximately 91%. StatPro floated on the main market of the London Stock Exchange in May 2000 and transferred its listing to AIM in June 2003. The Group has operations in Europe, North America, South Africa, Asia and Australia and approximately 450 clients in 37 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.