Results of Annual General Meeting

1Spatial Plc

07 July 2023

 

7 July 2023

1Spatial plc

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

 Results of Annual General Meeting

1Spatial, (AIM:SPA), announces that at its Annual General Meeting ('AGM'), held earlier today, all resolutions put to shareholders were duly passed on a show of hands.

The full text of the resolutions considered at the AGM is set out in the Notice of AGM published on 25 May 2023, available on the Company's website at www.1spatial.com.

Resolution 12(a) was amended at the meeting (to correct a typographical error) and the resolution (as amended) was passed by the shareholder at the meeting.  The full text of resolution 12 (as amended) is set out below:-

 "12.       THAT the Company be and is hereby generally and unconditionally authorised for the purpose of Section 701 of the Act to make market purchases (within the meaning of section 693(4) of the Act) of ordinary shares of 10 pence each in the capital of the Company provided that:

(a)         the maximum aggregate number of ordinary shares which may be purchased is 11,077,015

(b)         the minimum price, exclusive of any expenses, which may be paid for each ordinary share is 10 pence

(c)          the maximum price, exclusive of any expenses, which may be paid for each ordinary share is the higher of:

(i)          5% above the average of the mid-market value of an ordinary share in the Company for the five business days prior to the day the purchase is made; and

(ii)         the higher of the last independent trade of an ordinary share and the highest current independent bid for an ordinary share.

The authority granted by this Resolution shall expire at the end of the next Annual General Meeting of the Company or 31 July 2024 (whichever is the sooner) save that the Company may, before the expiry of the authority granted by this Resolution, enter into a contract to purchase ordinary shares which will or may be executed wholly or partly after the expiry of such authority."

Results of the proxy vote on each resolution will be available of the Company's website today.

LEI Code: 213800VG7OZYQES6PN67

- END-

For further information, please contact: 1Spatial plc 01223 420 414 Claire Milverton / Stuart Ritchie Liberum (Nomad and Broker) 020 3100 2000 Max Jones / Edward Mansfield / Miquela Bezuidenhoudt Alma PR 020 3405 0205 Caroline Forde / Hannah Campbell [e-mail] About 1Spatial plc 1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software, solutions and business applications, primarily to the Government, Utilities and Transport sectors via the 1Spatial platform. Our solutions ensure data governance, facilitating the efficient, effective and sustainable operation of customers around the world. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments. Today, when using and sharing trusted data provides significant opportunities for businesses and governments to deliver against important sustainability and Net Zero goals, our vision is clear - to make the world safer, smarter and more sustainable by unlocking the value in data, enabling better decisions and greater insights. The 1Spatial platform is a comprehensive set of data and system agnostic LMDM software components which helps ensure master data is compliant, current, complete, consistent, and coordinated - and that customers can be confident it will remain that way as it evolves. It allows them to master their data on any device, anywhere, anytime and can be deployed as SaaS in the cloud, on-premise, or as a hybrid of both. Our domain expertise and data agnostic approach allows us to be an integral and important part of the Geospatial Ecosystem, supporting the wider digital economy. We partner with major technology consultancies and GIS providers such as ESRI and bring together our people, innovative solutions, industry knowledge and experience from our extensive customer base to deliver world class solutions.  1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia. www.1spatial.com

 

END