Re Heads of Terms

RNS Number : 2749C

1Spatial Holdings Plc

03 March 2011

 



3 March 2011

1Spatial Holdings plc

("1Spatial" or the "Company")

Potential Acquisition

The Board is pleased to announce that it has signed heads of agreement regarding the potential acquisition by 1Spatial of an Australian company which operates in 1Spatial's field of activity.  Discussions are at an advanced stage however no binding agreement has yet been completed.

A further announcement will be made in due course.

For further information please contact:

1Spatial Holdings plc

Nic Snape                                                                                             [phone]

Libertas Capital Corporate Finance Limited

Sandy Jamieson                                                                                    [phone]

Rivington Street Corporate Finance

Peter Greensmith                                                                                  [phone]

Bishopsgate Communications

Duncan McCormick, Deepali Schneider, Natalie Quinn                             [phone]

 

END

 

 

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