Satisfaction of Deferred Consideration & TVR

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 £28,000) 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	[e-mail]

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

 

END

 

 

TVRWPUPUWUPWGQG