3 May 2013 07:00
3 May 2013
STATPRO GROUP PLC
("StatPro", "the Company" or "the Group")
Result of AGM
StatPro Group plc, (AIM:SOG), the AIM listed provider of portfolio analysis and asset pricing services for the global asset management industry, announces that at its Annual General Meeting held at 6pm on 2 May 2013 the resolutions numbered 1 to 10 were approved by shareholders on a show of hands. The results of the proxies were as follows:
Resolution number | FOR | DISCRETIONARY | AGAINST | WITHHELD | TOTAL |
1 | 41,798,209 | 2,000 | 0 | 0 | 41,800,209 |
2 | 41,798,209 | 2,000 | 0 | 0 | 41,800,209 |
3 | 41,797,909 | 2,000 | 0 | 300 | 41,800,209 |
4 | 41,797,909 | 2,000 | 0 | 300 | 41,800,209 |
5 | 41,797,909 | 2,000 | 0 | 300 | 41,800,209 |
6 | 41,797,909 | 2,000 | 0 | 300 | 41,800,209 |
7 | 41,796,409 | 2,000 | 0 | 1,800 | 41,800,209 |
8 | 41,797,909 | 2,000 | 0 | 300 | 41,800,209 |
9 | 41,797,909 | 2,000 | 0 | 300 | 41,800,209 |
10 | 41,760,709 | 2,000 | 37,500 | 0 | 41,800,209 |
Following the proposal of a resolution to renew the Company Unapproved Share Option Plan ("CUSOP"), after consultation with some shareholders and remuneration consultants, the Board decided to withdraw the scheme and to present a new proposal at a later date. Therefore, Resolution 11 was withdrawn at the AGM.
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 | 020 7397 8926 | |
Adrian Hargrave | 020 7379 8922 | |
Julian Morse (Sales) | 020 7397 1931 | |
Newgate Threadneedle | ||
Caroline Evans-Jones/ Hilary Millar | 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 nearly 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 £30 million at end December 2012 and currently enjoys a renewal rate of approximately 93%. 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 350 clients in 30 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.
StatPro (SOG)