18th Jun 2010 15:45
For immediate release
18 June 2010
STATPRO GROUP PLC
("StatPro", "the Company" or "the Group")
Change of Auditor
StatPro Group plc (AIM: SOG), the AIM listed provider of portfolio analytics and data solutions for the global asset management industry, today announces that following a competitive tender process for the selection of an audit firm, it has decided to appoint Ernst & Young LLP to act as Auditor.
Accordingly, Ernst & Young LLP will first report on the Financial Statements in respect of the year ending 31 December 2010.
- Ends -
For further information, please contact:
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StatPro Group plc |
www.statpro.com |
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Justin Wheatley, Chief Executive |
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020 8410 9876 |
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Andrew Fabian, Finance Director |
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Cenkos Securities |
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Ken Fleming |
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0131 220 6939 |
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Jon Fitzpatrick |
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0207 397 8900 |
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Julian Morse |
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020 7397 1931 |
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ICIS |
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Tom Moriarty / Caroline Evans-Jones |
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020 7651 8688 |
About StatPro
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 GBP 1 million in 1999 to GBP 28.4 million at end December 2009. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Group has operations in Europe, North America, South Africa and Australia, with approximately 75% of recurring revenues being generated outside the UK.
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