StatPro to raise £2.5 million with new ordinary share placement

Source: StatPro

StatPro, the AIM listed provider of portfolio analytics solutions for the global asset management industry, announces that 3.25 million new ordinary shares of one penny each in the capital of the Company (the Placing Shares) have been placed by Arbuthnot Securities Limited with institutional investors at a price of 80 pence per share to raise approximately £2.5 million after expenses (the Placing).

The Placing Shares represent approximately 9 per cent of the existing issued share capital of the Company.

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