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Director/PDMR Shareholding

15th Mar 2010 14:33

RNS Number : 5911I
Statpro Group PLC
15 March 2010
 



For immediate release

15 March 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 has received notification that on 12 March 2010 a family trust in which Justin Wheatley, Chief Executive of the Company, has an indirect beneficial interest, sold 38,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at 123 pence per Ordinary Share.

 

Following this transaction, Mr. Wheatley's total direct beneficial holding in the Company remains unchanged at 7,109,367 Ordinary Shares, representing approximately 11.71% per cent. of the Company's issued Ordinary Share Capital.

 

- Ends -

 

For further information, please contact:

 

StatPro Group plc

www.statpro.com

Justin Wheatley, Chief Executive

020 8410 9876

Andrew Fabian, Finance Director

Cenkos Securities

Jon Fitzpatrick / Ken Fleming

0131 220 6939

Julian Morse

020 7397 1931

ICIS

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 28.4 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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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