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Transaction in Own Shares

14th Mar 2016 07:00

RNS Number : 9125R
StatPro Group PLC
14 March 2016
 

 

 

14 March 2016

 

StatPro Group PLC

 

Transaction in own shares

 

StatPro Group PLC ("StatPro", or the "Company") announces that on 11 March 2016 the Company purchased 2,873,713 ordinary shares at a price of 72p per share representing approximately 4.25 per cent of the Company's issued ordinary share capital prior to the purchase. These repurchased ordinary shares are to be held in treasury.

 

Following the purchase the Company has 64,714,937 shares in issue, excluding 3,098,713 shares held in treasury.

 

The figure of 64,714,937 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

Enquiries:

 

StatPro Group plc

 

 

Justin Wheatley, Chief Executive

 

020 8410 9876

Andrew Fabian, Finance Director

 

 

 

 

 

Panmure Gordon

 

 

Corporate Finance - Freddy Crossley / Fred Walsh / Fabien Holler

 

020 7886 2500

Corporate Broking - Tom Salvesen

 

020 7886 2500

 

 

 

Instinctif Partners

 

 

Adrian Duffield / Lauren Foster

 

020 7457 2020

 

About StatPro

 

StatPro is a global provider of award winning portfolio analytics solutions for the investment community. The Group's cloud-based platform provides vital analysis of portfolio performance, attribution, risk and compliance. This multi-asset class analytics platform helps StatPro's clients increase assets under management, improve client service, meet tough regulations and reduce costs.

 

The Group's integrated and global data coverage includes over 3.2 million securities such as equities, bonds, mutual funds, FX rates, futures, options, OTCs, sector classifications and much else besides. StatPro also covers most families of benchmarks including MSCI, FTSE, Russell, NASDAQ and the licence free Freedom Index.

 

StatPro has grown its Annualised Recurring Revenue from less than £1 million in 1999 to around £32 million today (including Investor Analytics and InfoVest acquisitions in 2016 on a pro forma basis). The Group has operations in Europe, North America, South Africa, Asia and Australia, with hundreds of clients in 38 countries around the world. Approximately 80% of recurring revenues are generated outside the UK. StatPro Group plc shares are listed on AIM.

 

 

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