Exercise of Warrants

RNS Number : 2270U

1Spatial Plc

28 July 2015

 

28 July 2015

1Spatial plc (AIM: SPA)

("1Spatial", the "Company" or the "Group")

Exercise of Warrants

The Company announces that it has issued, following receipt of an exercise notice in respect of warrants held by a former adviser to 1Spatial, 2,252,692 ordinary shares of 1p each in the capital of the Company (the "New Shares") at a price of 5.09p per New Share. Application has been made to the London Stock Exchange for admission of the New Shares to trading on AIM and dealings are expected to commence on 7 August 2015. Furthermore, the New Shares issued pursuant to the warrant exercise have been sold, subject to admission, to satisfy market demand.

Following admission of the New Ordinary Shares, the Company will have a total of 715,499,308 ordinary shares in issue, including 3,500,000 ordinary shares which are held in treasury. Consequently, the total issued share capital with voting rights will be 711,999,308. 

The above figure 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 FCA's Disclosure and Transparency Rules.

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For further information, contact:

1Spatial plc Marcus Hanke/Claire Milverton	Tel: [phone]
N+1 Singer                  Shaun Dobson/ Lauren Kettle	Tel: [phone]
FTI                   Lucy Delaney/Alex Le May/Karen Tang	Tel: [phone]

 

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