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1 Jun 2011 13:50
For immediate release
1 June 2011
STATPRO GROUP PLC
("StatPro", "the Company" or "the Group")
Director Shareholding
StatPro Group plc, (AIM:SOG), the AIM listed provider of portfolio analysis and asset pricing services for the global asset management industry, announces that it has received notification on 31 May 2011 that on the same day the following transactions relating to ordinary shares of 1p each in the Company ("Ordinary Shares") took place:
Justin Wheatley's SIPP purchased 25,000 shares at 119p per Ordinary Share
Justin Wheatley purchased 8,500 shares at 119p per Ordinary Share
Catherine Wheatley (spouse of Justin Wheatley) purchased 8,500 shares at 119p per Ordinary Share
A family trust in which Justin Wheatley has a potential interest sold 42,000 shares at 119p per Ordinary Share
Following these transactions, Mr. Wheatley's total direct beneficial holding in the Company is 7,201,367 Ordinary Shares, representing approximately 11.85 per cent. of the Company's issued Ordinary Share Capital. In addition, Mr. Wheatley has an indirect interest in 120,000 shares in a family trust as a potential beneficiary of the trust. Accordingly, Justin Wheatley's total direct and indirect interest in the Ordinary Shares of the Company remains unchanged.
- 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 | ||
Ken Fleming (NOMAD) | 0131 220 6939 | |
Jon Fitzpatrick (NOMAD) | 0207 397 8900 | |
Julian Morse (Broker) | 020 7397 1931 | |
Threadneedle Communications | ||
Caroline Evans-Jones/ Tom Moriarty/ Hilary Millar
| 020 7653 9850 |
About StatPro
StatPro is a leading provider of portfolio analytics and data solutions for the global asset management industry. The Company sells a SaaS-based Analytics and Data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service.
StatPro has grown its recurring revenue from less than £1 million in 1999 to £29 million at end December 2010 and currently enjoys a renewal rate of approximately 92%. 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 approximately 79% of recurring revenues being generated outside the UK.
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