For immediate release
20 March 2012
STATPRO GROUP PLC
(“StatPro” or the “Group”)
The Company was informed on 19 March 2012 that on the same day Carl Bacon, Non-executive Chairman, purchased 20,000 shares into his SIPP account at 94.2p per Ordinary Share and his wife purchased 5,000 shares into her SIPP account at 94.2p per Ordinary Share. Carl Bacon also sold a direct holding of 25,000 shares at 94p per Ordinary Share resulting in no change to his overall beneficial holdings.
Following this transaction Carl Bacon is interested in 755,000 Ordinary Shares representing approximately 1.23% 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 for hundreds of fund managers, RIAs, CEOs, heads of risk, sales directors, marketing managers and authorised corporate directors. They are now using our cloud services and software products to perform sophisticated analysis, reporting and distribution every day.
With 18 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 operations in Europe, North America, South Africa, Asia and Australia and more than 300 clients in 25 countries around the world.
StatPro has grown its recurring revenue from less than £1 million in 1999 to £29 million at end December 2011 and currently enjoys a renewal rate of approximately 92%. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Company has operations in Europe, North America, South Africa and Australia, with approximately 80% of recurring revenues being generated outside the UK.