TIDMSOG
RNS Number : 4869O
StatPro Group PLC
17 May 2018
17 May 2018
StatPro Group PLC
Result of secondary placing of existing shares in StatPro Group
Plc
Notification of PDMR Dealings
Following the announcement made earlier today, StatPro Group plc
(AIM: SOG, "StatPro" or the "Company"), the AIM-listed provider of
cloud-based portfolio analysis and asset pricing services for the
global asset management industry, announces that Justin Wheatley,
Chief Executive Officer of the Company, has sold 665,000 ordinary
shares of 1 pence each of the Company, representing approximately 1
per cent. of the Company's issued share capital, at a price of 165
pence per share (the "Placing"). The Company is not a party to the
Placing and will not receive any proceeds from the Placing.
Following completion of the Placing, Justin Wheatley holds
6,815,722 ordinary shares in the Company, representing
approximately 10.4 per cent. of the Company's issued share capital.
In addition to the above interests, Justin Wheatley has an interest
in 264,000 ordinary shares in family trusts, being a trustee and
potential beneficiary of the trusts.
Justin Wheatley has declared his intention not to sell any of
his remaining shares for a period of 12 months following the
completion of the Placing.
Mark Adorian, non-executive director, has purchased 40,500
ordinary shares in the Placing. As a result, he holds 3,036,198
ordinary shares in the Company, representing approximately 4.6 per
cent. of the Company's issued share capital.
Rory Curran, non-executive chairman, has purchased 15,000
ordinary shares in the Placing. As a result, he holds 39,689
ordinary shares in the Company, representing approximately 0.1 per
cent. of the Company's issued share capital.
Settlement of the Placing is expected to take place on 21 May
2018.
This announcement contains inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR"). Upon
the publication of this announcement, this inside information is
now considered to be in the public domain.
Enquiries:
StatPro Group plc Tel: +44 (0)
Justin Wheatley, Chief Executive 20 8410 9876
Andrew Fabian, Finance Director
Panmure Gordon (UK) Limited - Tel: +44 (0)
Nomad and Broker 20 7886 2500
Corporate Finance - Freddy Crossley
/ Fabien Holler
Corporate Broking - James Stearns
Instinctif Partners Tel: +44 (0)
Adrian Duffield / Chris Birt 20 7457 2020
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------
a) Name Justin Wheatley
--- ------------------ ----------------------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status Chief Executive Director/PDMR
--- ------------------ ----------------------------------
b) Initial Initial notification
notification
/Amendment
--- ------------------ ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------
a) Name StatPro Group plc
--- ------------------ ----------------------------------
b) LEI 213800IQAQ19RDQT9I51
--- ------------------ ----------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ------------------------------------------------------
a) Description Ordinary shares of 1 pence each
of the financial
instrument,
type of GB0006300213
instrument
Identification
code
--- ------------------ ----------------------------------
b) Nature of Sale of shares
the transaction
--- ------------------ ----------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ----------- ----------
165 pence 665,000
----------- ----------
--- ------------------ ----------------------------------
d) Aggregated
information
- Aggregated 665,000
volume
165 pence
- Price
--- ------------------ ----------------------------------
e) Date of 17 May 2018
the transaction
--- ------------------ ----------------------------------
f) Place of AIM Market, London Stock Exchange
the transaction (XLON)
--- ------------------ ----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------
a) Name Mark Adorian
Rory Curran
--- ------------------ ----------------------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status PDMRs
--- ------------------ ----------------------------------
b) Initial Initial notification
notification
/Amendment
--- ------------------ ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------
a) Name StatPro Group plc
--- ------------------ ----------------------------------
b) LEI 213800IQAQ19RDQT9I51
--- ------------------ ----------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ------------------------------------------------------
a) Description Ordinary shares of 1 pence each
of the financial
instrument,
type of GB0006300213
instrument
Identification
code
--- ------------------ ----------------------------------
b) Nature of Purchase of shares
the transaction
--- ------------------ ----------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) -------------- ----------
Mark Adorian
165 pence 40,500
Rory Curran
165 pence 15,000
-------------- ----------
--- ------------------ ----------------------------------
d) Aggregated
information
- Aggregated 55,500
volume
165 pence
- Price
--- ------------------ ----------------------------------
e) Date of 17 May 2018
the transaction
--- ------------------ ----------------------------------
f) Place of AIM Market, London Stock Exchange
the transaction (XLON)
--- ------------------ ----------------------------------
The above notification is made in accordance with the
requirements of the EU Market Abuse Regulation.
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,
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 the end of
December 2017. Over 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
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