TIDMSOG

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 GBP1 million in 1999 to around GBP32 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

POSAKDDQOBKDPND

(END) Dow Jones Newswires

March 14, 2016 03:00 ET (07:00 GMT)

Statpro (LSE:SOG)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Statpro Charts.
Statpro (LSE:SOG)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Statpro Charts.