29th Sep 2009 12:48
For immediate release
29 September 2009
STATPRO GROUP PLC
("StatPro", "the Company" or "the Group")
Director Shareholding
StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analytics and data solutions for the global asset management industry, announces that it has received notification that Andrew Fabian, Finance Director of the Company, today purchased 60,000 Ordinary Shares of 1p each in the Company ("Ordinary Shares") on behalf of his SIPP at a price of 100.25 pence per share.
In addition, Mr Fabian sold 60,000 Ordinary Shares at a price of 100.2 pence per share from his personal holding.
Following this transaction, Mr. Fabian's total beneficial holding in the Company remains 207,795 Ordinary Shares, representing approximately 0.35% per cent. of the Company's issued Ordinary Share Capital and options over 147,000 Ordinary Shares.
- Ends -
For further information, please contact:
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StatPro Group plc |
www.statpro.com |
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Justin Wheatley, Chief Executive |
020 8410 9876 |
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Andrew Fabian, Finance Director |
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Cenkos Securities |
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Jon Fitzpatrick / Ken Fleming |
0131 220 6939 |
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ICIS |
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Tom Moriarty / Caroline Evans-Jones |
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 28.3 million at end June 2009 and currently enjoys a renewal rate of approximately 95%. 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.
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