StatPro Regulatory News (SOG)

25 Mar 2009 07:00



Wednesday, 25 March 2009

STATPRO GROUP PLC

("StatPro", "the Company" or the "Group")

Director/PDMR Shareholding

StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analytics and data solutions for the global asset management industry, announces it received on 24 March 2009 notification that on the same day Justin Wheatley, Chief Executive of the Company, purchased 30,000 ordinary shares of 1p each ('Ordinary Shares') on behalf of his SIPP at a price of 45.5p per Ordinary Share.

Following this transaction, Justin Wheatley's interest in the Company comprises 7,083,994 Ordinary Shares, representing approximately 11.91 per cent. of the Company's issued Ordinary Share capital.

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About StatPro

StatPro is a leading provider of portfolio analytics and data solutions for the global asset management industry. The Company sells its suite of products on a rental basis to investment management companies to analyse portfolio performance, attribution, risk and GIPS© compliance. StatPro also provides the market data and valuation feeds including a new Complex Asset Pricing service.

StatPro has grown its recurring revenue from less than GBP1 million in 1999 to GBP28.4 million at end December 2008 and currently enjoys a 94% renewal rate. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Company has operations in Europe, North America, South Africa and Australia, with around 80% of revenues being generated outside the UK.