11 Mar 2015 09:05
11 March 2015
StatPro Group PLC
Issue of Shares
The Company today announces that 106,000 new Ordinary Shares of 1p each in the Company ('Ordinary Shares') have been issued and allotted following the exercise of share options at an exercise price of 60p per share under the Company's Approved and Unapproved share option schemes. Application will be made for admission to trading on AIM. Admission is expected to occur on 16 March 2015.
The new Ordinary Shares rank pari passu with the Company's existing issued ordinary shares. It is expected that dealings will commence on 16 March 2015.
Following Admission, the Company's enlarged issued share capital will comprise 67,813,650 ordinary shares with voting rights including 225,000 shares held in treasury (67,588,650 excluding treasury shares). This figure of 67,588,650 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
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 / Dr Christopher Golden | 020 7397 8900 | |
Julian Morse (Sales) | ||
Instinctif Partners | ||
Adrian Duffield/ Kay Larsen | 020 7457 2020 |
About StatPro
StatPro is a global provider of award winning portfolio analytics solutions for the investment community. The Group's cloud-based platform provides vital analysis of portfolio performance, attribution, risk and compliance. Thousands of investment professionals use StatPro's premium services directly or through a fund administrator or partner to perform advanced portfolio analysis, data management, reporting and online distribution every day. This multi asset-class, analytics platform helps StatPro's clients increase assets under management, improve client service, meet tough regulations and reduce costs.
With over 20 years' experience combining technology and industry expertise, StatPro believes portfolio analytics should add value, insight and competitive advantage while being flexible, scalable and cost effective. The Group's integrated and global data coverage includes over 3.2 million securities such as equities, bonds, mutual funds, FX rates, futures, options, OTCs, sector classifications and much else besides. StatPro also covers most families of benchmarks including MSCI, FTSE, Russell, NASDAQ and the licence free Freedom Index.
StatPro has grown its recurring revenue from less than £1 million in 1999 to around £29 million at 31 December 2014. 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 500 clients in 37 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.