For immediate release
8 April 2011
STATPRO GROUP PLC
(“StatPro” or the “Group”)
Posting of Annual Report and Accounts
Notice of Annual General Meeting
StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analytics and evaluation services to the global asset management industry, announces that it has today posted to shareholders the Annual Report and Accounts for the year ended 31 December 2010 together with the Notice of the Annual General Meeting to be held at 4:00pm on Wednesday 18 May 2011 in the East Room (7th Floor), Tate Modern, Bankside, London SE1 9TG. Copies of the Annual Report and Accounts will be available on StatPro’s website at: www.statpro.com.
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For further information, please contact:
StatPro Group plc
|Justin Wheatley, Chief Executive||020 8410 9876|
|Andrew Fabian, Finance Director|
|Ken Fleming (NOMAD)||0131 220 6939|
|Jon Fitzpatrick (NOMAD)||0207 397 8900|
|Julian Morse (Broker)||020 7397 1931|
|Caroline Evans-Jones/ Tom Moriarty/ 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 £29 million at end December 2010 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 79% of recurring revenues being generated outside the UK.