For immediate release
20 December 2012
STATPRO GROUP PLC
(“StatPro” or the “Group”)
The Company was informed today that on the same day Carl Bacon, Non-executive Chairman, purchased 18,000 shares into his SIPP account at 99p per Ordinary Share and purchased 248 shares into his direct account at 101p per Ordinary Share. On the same day the spouse of Carl Bacon also purchased 6,000 shares into her SIPP account at 99p per Ordinary Share. In addition, today, Carl Bacon sold 24,000 shares from his direct account at 99p per Ordinary Share.
Following these transactions Carl Bacon is interested in 794,000 Ordinary Shares representing approximately 1.18% of the Company’s issued Ordinary Share capital.
– Ends –
For further information, please contact:
StatPro Group plc
|Justin Wheatley, Chief Executive||020 8410 9876|
|Andrew Fabian, Finance Director|
|Stephen Keys||020 7397 8926|
|Adrian Hargrave||020 7379 8922|
|Julian Morse (Sales)||020 7397 1931|
|Caroline Evans-Jones/ Hilary Millar||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 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.