25 Oct 2019 16:00
25 October 2019
StatPro Group PLC
Issue of equity and Director/PDMR dealing
On 20 September 2019, the boards of directors of Confluence Technologies, Inc and StatPro Group plc ("StatPro") announced they had reached agreement on the terms of a recommended all cash offer for the entire issued and to be issued ordinary share capital of StatPro (the "Acquisition"), to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme").
StatPro announces that it has today transferred out of treasury 1,856,454 ordinary shares and allotted and issued 1,960,000 ordinary shares of 1 penny each to satisfy an exercise of options under the StatPro Share Option Plans by certain option holders.
Total Voting Rights
Application has been made for the new ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur and dealings in the new ordinary shares will commence on 28 October 2019.
Following Admission, the issued share capital of StatPro will be 69,686,391 ordinary shares with voting rights, and 1,177,259 ordinary shares in treasury.
Following Admission, the above figure of 69,686,391 ordinary shares may be used by shareholders in StatPro as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of StatPro under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Following Admission, Justin Wheatley' beneficial interest in StatPro will be 7,888,043 ordinary shares, representing 11.32% of StatPro's voting rights. In addition, Justin Wheatley has an interest in 264,000 ordinary shares in a family trust, being a trustee and potential beneficiary of the trust.
Capitalised terms used in this announcement shall have the meanings given to them in the circular published in relation to the Scheme (the "Scheme Document").
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name | Michel Lempicki
Craig Arenhold
Nico Coetzee
Dario Cintioli
Luca Bortolami
Clinton Moseley
Justin Wheatley
Marc Zandt
Andrew Fabian
Gordon Bloor
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2
| Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status
| Michel Lempicki PDMR
Craig Arenhold PDMR
Nico Coetzee PDMR
Dario Cintioli PDMR
Luca Bortolami PDMR
Clinton Moseley PDMR
Justin Wheatley Director
Marc Zandt PDMR
Andrew Fabian Director
Gordon Bloor PDMR
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b)
| Initial notification /Amendment
| Initial | ||||||||||||||||||||||||||||||||||||||||||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| StatPro Group PLC | ||||||||||||||||||||||||||||||||||||||||||||||||
b)
| LEI
| 213800IQAQ19RDQT9I51 | ||||||||||||||||||||||||||||||||||||||||||||||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 1 pence each
GB0006300213 | ||||||||||||||||||||||||||||||||||||||||||||||||
b)
| Nature of the transaction
| Exercise of options pursuant to the StatPro Performance Share Plan 2015, the StatPro 2011 Company Ownership Plan, and the StatPro 2003 Executive Unapproved Share Option Scheme. | ||||||||||||||||||||||||||||||||||||||||||||||||
c)
| Price(s) and volume(s)
| Michel Lempicki:
Craig Arenhold:
Nico Coetzee:
Dario Cintioli:
Luca Bortolami:
Clinton Moseley:
Justin Wheatley:
Marc Zandt:
Andrew Fabian:
Gordon Bloor:
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d)
| Aggregated information
- Aggregated volume
- Price
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e)
| Date of the transaction
| 25 October 2019
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f)
| Place of the transaction
| Non market trade (XOFF) | ||||||||||||||||||||||||||||||||||||||||||||||||
The above notifications are made in accordance with the requirements of the EU Market Abuse Regulation.
Enquiries:
StatPro Group plc |
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Justin Wheatley, Chief Executive |
| +44 (0) 20 8410 9876 |
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Andrew Fabian, Finance Director |
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Panmure Gordon - Nomad and Broker |
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Corporate Finance - Freddy Crossley / Fabien Holler |
| +44 (0) 20 7886 2500 |
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Corporate Broking - James Stearns |
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Instinctif Partners |
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Adrian Duffield / Kay Larsen / Chantal Woolcock |
| +44 (0) 20 7457 2020 |
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About StatPro
StatPro Group (www.statpro.com) provides cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management service providers.
The Group has 10 offices in Europe, North America, South Africa and Australia, servicing around 500 clients in 39 countries. It is organised into three divisions: Revolution, Source: StatPro and Infovest.
Revolution is a global provider of award-winning portfolio analytics solutions. The cloud-based platform offers vital analysis of portfolio performance, attribution, risk and compliance. Revolution helps clients reduce costs, improve client communication and control investment decisions.
Source: StatPro is a global market data business and provides Data-as-a-Service to Revolution to enable analytics. The division's integrated and global data coverage includes millions of securities covering the full range of financial instruments and benchmarks.
Infovest, supplies data management solutions for the global asset management market, including data warehouse technology, ETL, compliance and reporting tools as well as portfolio management solutions.
StatPro Group plc shares are listed on AIM.