30 Dec 2014 18:20
For immediate release 30 December 2014
STATPRO GROUP PLC
("StatPro", "the Company" or "the Group")
Issue of Shares
The Company today announces that 4,000 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 share option scheme. Application will be made for admission to trading on AIM. Admission is expected to occur on 9 January 2015.
The new Ordinary Shares rank pari passu with the Company's existing issued ordinary shares. It is expected that dealings will commence on 9 January 2015.
Following Admission, the Company's enlarged issued share capital will comprise 67,707,650 ordinary shares with voting rights including 225,000 shares held in treasury (67,482,650 excluding treasury shares). This figure of 67,482,650 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.
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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)
| ||
Newgate Threadneedle | ||
Hilary Buchanan / Adam Lloyd / Jasper Randall | 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 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 £28 million at 30 June 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 36 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.