StatPro Group PLC Issue of Shares (1375H)
March 11 2015 - 5:05AM
UK Regulatory
TIDMSOG
RNS Number : 1375H
StatPro Group PLC
11 March 2015
11 March 2015
StatPro Group PLC
Issue of Shares
The Company today announces that 106,000 new Ordinary Shares of
1p each in the Company ('Ordinary Shares') have been issued and
allotted following the exercise of share options at an exercise
price of 60p per share under the Company's Approved and Unapproved
share option schemes. Application will be made for admission to
trading on AIM. Admission is expected to occur on 16 March
2015.
The new Ordinary Shares rank pari passu with the Company's
existing issued ordinary shares. It is expected that dealings will
commence on 16 March 2015.
Following Admission, the Company's enlarged issued share capital
will comprise 67,813,650 ordinary shares with voting rights
including 225,000 shares held in treasury (67,588,650 excluding
treasury shares). This figure of 67,588,650 ordinary shares may be
used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the
share capital of the Company under the FSA's Disclosure and
Transparency Rules.
For further information, please contact:
www.statpro.com
StatPro Group plc
Justin Wheatley, Chief Executive 020 8410 9876
Andrew Fabian, Finance Director
Cenkos Securities
Stephen Keys / Dr Christopher
Golden 020 7397 8900
Julian Morse (Sales)
Instinctif Partners
Adrian Duffield/ Kay Larsen 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. Thousands of
investment professionals use StatPro's premium services directly or
through a fund administrator or partner to perform advanced
portfolio analysis, data management, reporting and online
distribution every day. This multi asset-class, analytics platform
helps StatPro's clients increase assets under management, improve
client service, meet tough regulations and reduce costs.
With over 20 years' experience combining technology and industry
expertise, StatPro believes portfolio analytics should add value,
insight and competitive advantage while being flexible, scalable
and cost effective. 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 recurring revenue from less than GBP1
million in 1999 to around GBP29 million at 31 December 2014.
StatPro floated on the main market of the London Stock Exchange in
May 2000 and transferred its listing to AIM in June 2003. The Group
has operations in Europe, North America, South Africa, Asia and
Australia, and approximately 500 clients in 37 countries around the
world. Approximately 80% of recurring revenues are generated
outside the UK.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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