StatPro Group PLC Rory Curran succeeds Carl Bacon as Chairman (8615X)

TIDMSOG

RNS Number : 8615X

StatPro Group PLC

29 November 2017

StatPro Group PLC

Rory Curran succeeds Carl Bacon as Chairman

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, confirms that as announced on 4 April 2017, following the conclusion of today's scheduled Board meeting, Carl Bacon, non-executive Chairman, will step down as Chairman and retire from the Board of Directors.

Rory Curran, currently a non-executive director, will succeed Carl.

Enquiries:

 
  StatPro Group plc 
  Justin Wheatley, Chief         +44 (0) 20 8410 
   Executive                                9876 
  Andrew Fabian, Finance 
   Director 
 
  Panmure Gordon - Nomad 
   and Broker 
  Corporate Finance - Freddy     +44 (0) 20 7886 
   Crossley / Fabien Holler                 2500 
  Corporate Broking - Tom 
   Salvesen / James Stearns 
 
  Instinctif Partners 
  Adrian Duffield / Chris        +44 (0) 20 7457 
   Birt                                     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 open source Freedom Index. The Group has operations in Europe, North America, South Africa, Asia and Australia, with hundreds of clients in 39 countries around the world. StatPro has grown its Annualised Recurring Revenue from less than GBP1 million in 1999 to around GBP53 million at end September 2017. Over 75% of recurring revenues are generated outside the UK. StatPro Group plc shares are listed on AIM.

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