1Spatial Plc Satisfaction of Deferred Consideration & TVR (0175V)
March 31 2023 - 11:03AM
UK Regulatory
TIDMSPA
RNS Number : 0175V
1Spatial Plc
31 March 2023
1Spatial plc
("1Spatial", the "Group" or the "Company")
Satisfaction of Deferred Consideration and
Total Voting Rights
1Spatial, a global leader in Location Master Data Management
("LMDM") software and solutions, announces that it has allotted an
aggregate of 57,685 ordinary shares of 10 pence each ("Ordinary
Shares") (valued at approximately GBP28,000) to vendors of
Geomap-Imagis Participations as satisfaction of the final element
of deferred consideration pursuant to the terms of the acquisition
announced on 8 May 2019. There is no further deferred consideration
payable in either cash or shares to any former shareholders of
previously acquired companies.
The 57,685 Ordinary Shares have been issued from treasury.
Following this allotment the Company's issued share capital
consists of 110,859,545 Ordinary Shares, of which 89,399 are held
in treasury.
Therefore, the figure of 110,770,146 may be used by shareholders
as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change to their interest in the Company under the Disclosure
Guidance and Transparency Rules.
For further information, please contact:
1Spatial plc 01223 420 414
Claire Milverton / S tuart Ritchie
Liberum (Nomad and Broker) 020 3100 2000
M ax Jones / Edward Mansfield / Kate Bannatyne
/ Miquela Bezuidenhoudt
Alma PR 020 3405 0205
Caroline Forde / Hannah Campbell 1spatial@almapr.co.uk
1Spatial plc's LEI Number is: 213800VG7OZYQES6PN67
About 1Spatial plc
1Spatial plc is a global leader in providing Location Master
Data Management (LMDM) software and solutions, primarily to the
Government, Utilities and Transport sectors. Our global clients
include national mapping and land management agencies, utility
companies, transportation organisations, government and defence
departments.
Today - as location data from smartphones, the Internet of
Things and great lakes of commercial Big Data increasingly drive
commercial decision-making - our technology drives efficiency and
provides organisations with confidence in the data they use.
We unlock the value of location data by bringing together our
people, innovative solutions, industry knowledge and our extensive
customer base. We are striving to make the world more sustainable,
safer and smarter for the future. We believe the answers to
achieving these goals are held in data. Our 1Spatial Location
Master Data Management (LMDM) platform incorporating our 1Integrate
rules engine delivers powerful data solutions and focused business
applications on-premise, on-mobile and in the cloud. This ensures
data is current, complete, and consistent through the use of
automated processes and always based on the highest quality
information available.
1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with
operations in the UK, Ireland, USA, France, Belgium, Tunisia and
Australia.
For more information visit www.1spatial.com
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END
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