StatPro Group PLC Directorate Change (1869U)
April 05 2016 - 4:06AM
UK Regulatory
TIDMSOG
RNS Number : 1869U
StatPro Group PLC
05 April 2016
5 April 2016
StatPro Group PLC
Directorate change
StatPro Group plc, ("StatPro", "the Group", AIM: SOG), the AIM
listed provider of cloud-based portfolio analysis and asset pricing
services for the global asset management industry, has been
notified by Stuart Clark, the Senior Independent Director and
Chairman of the Remuneration Committee, that he has decided not to
seek re-election at the forthcoming Annual General Meeting on 19
May 2016. As such, Stuart will cease to be a Director from after
the AGM.
Jane Tozer will assume the role of Senior Independent Director
from 19 May 2016.
Carl Bacon, non-executive Chairman, commented:
"For nearly seven years Stuart has made a valuable contribution
to the Group's strategy as we have transitioned to a cloud-based
business.
"On behalf of the Board, I would like to thank him for his
support, wise words and insightful contribution and wish him all
the best for the future."
Enquiries:
StatPro Group plc
Carl Bacon, non-executive
Chairman 020 8410 9876
Panmure Gordon
Corporate Finance - Freddy
Crossley / Fred Walsh 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
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