For immediate release
27 June 2008
STATPRO GROUP PLC
(“StatPro” or the “Group”)
StatPro, the AIM listed provider of portfolio analytics solutions for the global asset management industry, announces that application has been made for the admission to AIM of 127,874 new ordinary shares of 1p each in the Company (‘Ordinary Shares’), as follows:
- 73,874 Ordinary Shares pursuant to the exercise of options; and
- 54,000 Ordinary Shares issued in connection with the acquisition of exchangeable shares in FRI Corporation (‘FRI’) retained by FRI’s management, as detailed in the Company’s announcement dated 27 September 2006.
The new Ordinary Shares rank pari passu with the Company’s existing issued ordinary shares, and dealings are expected to commence on 30 June 2008.
Following Admission, the Company’s enlarged issued share capital will comprise 54,644,228 ordinary shares with voting rights. The Company does not hold any shares in treasury. This figure of 54,644,228 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
|Justin Wheatley, Chief Executive||020 8410 9876|
|Andrew Fabian, Finance Director|
Arbuthnot Securities Limited
|Tom Griffiths||020 7012 2000|
|Reg Hoare||020 7360 4900|