9 Sep 2013 12:24
For immediate release 9 September 2013
STATPRO GROUP PLC
("StatPro" or the "Group")
Directors' dealings
The Company has been informed on 6 September 2013 that on the same day the SIPP of Justin Wheatley, Chief Executive, purchased a total of 25,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 80p per Ordinary Share.
Following this transaction, Mr. Wheatley's total direct beneficial holding in the Company increased to 7,378,672 Ordinary Shares, representing approximately 10.93 per cent. of the Company's issued Ordinary Share Capital. In addition, Mr. Wheatley has an indirect interest in 69,000 shares in a family trust as a potential beneficiary of the trust.
The Company has also been informed on 6 September 2013 that on 5 September 2013 Mark Adorian, Non-Executive Director, purchased a total of 25,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 75p per Ordinary Share.
Following this transaction, Mr. Adorian's total direct beneficial holding in the Company increased to 2,670,698 Ordinary Shares, representing approximately 3.96 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 | |
Adrian Hargrave | 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 425 clients in 36 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.