2nd Aug 2012 07:00
For immediate release 2 August 2012
STATPRO GROUP PLC
("StatPro" or the "Group")
Directors' dealings
The Company has been informed that on 1 August 2012 the SIPP of Justin Wheatley, Chief Executive, purchased a total of 27,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 91.5p per Ordinary Share. On the same day, a family trust, in which Mr. Wheatley is a potential beneficiary, sold 27,000 shares.
Following these transactions, Mr. Wheatley's total direct beneficial holding in the Company increased to 7,280,167 Ordinary Shares, representing approximately 11.85 per cent. of the Company's issued Ordinary Share Capital and options over 1,170,000 Ordinary Shares. In addition, Mr. Wheatley has an indirect interest in 93,000 shares in a family trust as a potential beneficiary of the trust.
- Ends -
For further information, please contact:
StatPro Group plc |
| www.statpro.com |
Justin Wheatley, Chief Executive |
| 020 8410 9876 |
Andrew Fabian, Finance Director |
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Cenkos Securities |
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Stephen Keys |
| 020 7397 8926 |
Adrian Hargrave |
| 020 7397 8922 |
Julian Morse (Sales) |
| 020 7397 1931 |
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Newgate Threadneedle |
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Caroline Evans-Jones/ Hilary Millar |
| 020 7653 9850 |
About StatPro
StatPro is a global provider of portfolio analytics for the investment community. Our cloud based services provide vital analysis of portfolio performance, attribution and risk for hundreds of asset managers, fund administrators, RIAs, CEOs, heads of risk, sales directors, marketing managers and authorised corporate directors. They are now using our cloud services and software products to perform sophisticated analysis, reporting and distribution every day.
With 18 years of experience and expertise, we believe analytics should be sophisticated yet simple and useful as well as secure. StatPro data coverage includes global equities, global bonds, global mutual funds, most families of benchmarks, FX rates, sector classifications and much else besides.
StatPro has grown its recurring revenue from less than £1 million in 1999 to £30 million at end June 2012 and currently enjoys a renewal rate of approximately 94%. 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, Asia and Australia and around 350 clients in 28 countries around the world. Approximately 80% of recurring revenues are generated outside the UK.
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