For immediate release
10 May 2006
STATPRO GROUP PLC
(“StatPro” or the “Group”)
StatPro Group plc (‘StatPro’ or the ‘Company’) announces that it was informed yesterday that on the same day, Dominic Wheatley, a Non-Executive Director of the Company, sold 400,000 ordinary shares of one penny each in the capital of the Company at a price of 80 pence per share to satisfy institutional demand.
Following this sale, Dominic Wheatley has an interest in 1,804,760 ordinary shares, representing approximately 4.6 per cent. of StatPro’s issued share capital. In addition, Dominic Wheatley and Justin Wheatley, the Chief Executive of the Company, together with Gregory Wheatley, StatPro’s Company Secretary, hold 255,000 ordinary shares, representing approximately 0.65 per cent of the Company’s issued share capital, in a family trust, each of them being a trustee and potential beneficiary of the trust.
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For further information, please contact:
StatPro Group plc
|Justin Wheatley, Chief Executive||020 8410 9876|
|Andrew Fabian, Finance Director|
Arbuthnot Securities Limited
|Tom Griffiths/Neil Kirkton||020 7012 2000|
|Reg Hoare||020 7360 4900|
Notes to Editors:
StatPro Group plc is a leading provider of portfolio analytics solutions for the global asset management industry. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. StatPro has grown its revenue from continuing operations from £1.8 million in 1999 to £10.8 million in 2005.