For immediate release
25 November 2011
STATPRO GROUP PLC
(“StatPro” or the “Group”)
The Company was informed on 24 November 2011 that on the same day Mrs. S. Adorian, wife of Mark Adorian, Non-executive Director, purchased 25,000 shares at 86.5p per Ordinary Share.
Following this transaction Mark Adorian is interested in 2,545,698 Ordinary Shares representing approximately 4.19% of the Company’s issued Ordinary Share capital.
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 leading provider of portfolio analytics and data solutions for the global asset management industry. The Company sells a SaaS-based Analytics and Data platform on a rental basis to investment management companies allowing them to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides market data and valuation feeds including a Complex Asset Pricing service.
StatPro has grown its recurring revenue from less than £1 million in 1999 to £30 million at end June 2011 and currently enjoys a renewal rate of approximately 91%. 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.