For immediate release
08 September 2014
STATPRO GROUP PLC
(“StatPro” or the “Group”)
The Company has been informed on 5 September 2014 that following the recent death of his father, Justin Wheatley, Chief Executive, has become a trustee and potential beneficiary in a trust which has a holding of 238,580 ordinary shares of 1p each in the Company (“Ordinary Shares”).
Following this transaction, Mr. Wheatley’s total direct beneficial holding in the Company remains 7,378,672 Ordinary Shares, representing approximately 10.93 per cent. of the Company’s issued Ordinary Share Capital. In addition, Mr. Wheatley has an indirect interest in 307,580 shares (representing approximately 0.46 per cent. of the Company’s issued Ordinary Share Capital) in family trusts as a potential beneficiary of the trusts.
– Ends –
For further information, please contact:
StatPro Group plc
|Justin Wheatley, Chief Executive||020 8410 9876||Andrew Fabian, Finance Director|
|Stephen Keys||020 7397 8900||Dr Christopher Golden|
|Julian Morse (Sales)|
|Caroline Forde/Hilary Buchanan||020 7653 9850|
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.