TIDMSOG

RNS Number : 0084J

StatPro Group PLC

31 March 2015

31 March 2015

StatPro Group PLC

Director's Interests

StatPro Group plc, (AIM:SOG, "StatPro", "the Company"), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, announces that, following the approval by shareholders of the new Performance Share Plan ("PSP") at its General Meeting held on 26 February 2015, the Remuneration Committee of the Board has granted nil-cost options over ordinary shares in the Company ("Awards") on 30 March 2015 under the PSP, as set out below:

Awards granted pursuant to the PSP

 
   Award Holder        Number of options             Vesting Date 
                      granted over ordinary 
                             shares 
                        subject to Award 
------------------  -----------------------  --------------------------- 
  Andrew Fabian,             40,000           3(rd) anniversary of Award 
  Finance Director                                       Date 
------------------  -----------------------  --------------------------- 
                             40,000           4(th) anniversary of Award 
                                                         Date 
------------------  -----------------------  --------------------------- 
 Other Executives           315,000           3(rd) anniversary of Award 
                                                         Date 
------------------  -----------------------  --------------------------- 
                            315,000           4(th) anniversary of Award 
                                                         Date 
------------------  -----------------------  --------------------------- 
 

Andrew Fabian's holding in the Company remains unchanged at 264,647 ordinary shares, representing approximately 0.39 per cent. of the Company's issued share capital. Following the grant of Awards, he now holds options over 400,000 ordinary shares, including the 80,000 options granted under the Award.

Enquiries:

 
 StatPro Group plc 
 Justin Wheatley, Chief Executive     020 8410 9876 
 Andrew Fabian, Finance Director 
 
 Cenkos Securities 
 Stephen Keys / Dr Christopher 
  Golden                              020 7397 8900 
 
 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

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