1Spatial has acquired the remaining shares in 1Spatial Inc. and Sitemap Ltd for £0.74m and £0.2m respectively. The consideration for both acquisitions will be satisfied in shares. Following these two issues of shares, 1Spatial owns 100% of both companies, with no consideration outstanding. 1Spatial Inc. is a key channel to market in the US for the group and assuming full control better positions 1Spatial to achieve its strategic goals. The group will report its FY’17 results on 23rd May 2017 and ....
11 Apr 2017
N+1 Singer - 1Spatial - Acquisition of remaining shares in 1Spatial Inc. and Sitemap
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
N+1 Singer - 1Spatial - Acquisition of remaining shares in 1Spatial Inc. and Sitemap
1Spatial Plc (SPA:LON) | 59.0 0 0.0% | Mkt Cap: 65.4m
- Published:
11 Apr 2017 -
Author:
Tintin Stormont -
Pages:
3
1Spatial has acquired the remaining shares in 1Spatial Inc. and Sitemap Ltd for £0.74m and £0.2m respectively. The consideration for both acquisitions will be satisfied in shares. Following these two issues of shares, 1Spatial owns 100% of both companies, with no consideration outstanding. 1Spatial Inc. is a key channel to market in the US for the group and assuming full control better positions 1Spatial to achieve its strategic goals. The group will report its FY’17 results on 23rd May 2017 and ....