15th Jun 2010 12:54
For immediate release
15 June 2010
STATPRO GROUP PLC
("StatPro", "the Company" or "the Group")
Director Shareholding
StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analytics and evaluation services to the global asset management industry, announces that it received notification on 14 June 2010 that, on the same day, Mark Adorian, Non-Executive Director, purchased on behalf of his SIPP 102,800 ordinary shares of 1p each in the Company ("Ordinary Shares") at 100.1 pence per share. On the same date the spouse of Mark Adorian purchased on behalf of her SIPP 25,200 Ordinary Shares at 100.1 pence per share. On the same date Mark Adorian sold 128,000 Ordinary Shares at 100.1 pence per share.
Following these transactions, Mr. Adorian's total beneficial holding in the Company remains unchanged at 2,520,698 Ordinary Shares, representing approximately 4.2% of the Company's issued Ordinary Share capital.
- Ends -
For further information, please contact:
StatPro Group plc |
www.statpro.com |
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Justin Wheatley, Chief Executive |
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020 8410 9876 |
Andrew Fabian, Finance Director |
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Cenkos Securities |
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Jon Fitzpatrick / Ken Fleming |
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0131 220 6939 |
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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