For immediate release
15 March 2013
STATPRO GROUP PLC
(“StatPro” or the “Group”)
The Company was informed on the 14 March 2013 that on the same day Otos Ltd, a company owned by Carl Bacon, Non-Executive Chairman of StatPro Group plc, purchased 5,000 ordinary shares of 1p each in the Company (“Ordinary Shares”) at a price of 82.78p per share. On the same day Carl Bacon purchased 1,000 Ordinary Shares into his SIPP account at a price of 82.78p per share.
Following these transactions Carl Bacon is interested in 800,000 Ordinary Shares representing approximately 1.19% of the Company’s issued Ordinary Share capital.
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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.