dreamcatcher
- 24 May 2013 20:26
1Spatial PLC is a group of innovative software and services companies, trading under individual brands, each offering market leading solutions in their specialised areas of expertise – 1Spatial Group, Avisen and Storage Fusion.
The companies across the group have a common link in the area of Big Data and developing results driven software solutions, which provide customers and partners with greater business insight to make key business decisions. The group operates globally and has a portfolio of customers both in the Commercial and Government sector, some of those include, Unilever, Unisys, US Census, Ordnance Survey GB, Brazilian Army, and Ordnance Survey Ireland. Within the group there is a focus on product development innovation to deliver leading edge both on-presence and software as a service solutions.
1Spatial Group – Our rules based approach to capturing, validating and managing spatial data enables customers to process and analyse information in a way that traditional technologies do not allow. Through our 1Spatial Management Suite of products, 1Spatial Cloud, consultancy, and partner offerings, we can provide the best solution to meet your spatial data management requirements.
Storage Fusion – Specialising in the delivery of automated storage reporting and analytics in the cloud, is revolutionising the way many organisations evaluate and optimise their storage environments.
1Spatial operates globally, with headquarters in Cambridge, UK and offices in Ireland and Australia.
http://www.1spatial.com/about/
Just put up a one year chart as the 5yr chart is wrong.
dreamcatcher
- 28 May 2013 08:52
- 26 of 70
Sept 3m
dreamcatcher
- 29 May 2013 15:16
- 27 of 70
Acquisition of an additional 14.86% of Star-Apic
RNS
RNS Number : 8032F
1Spatial Plc
29 May 2013
29 May 2013
1Spatial plc
("1Spatial" or the "Company")
Acquisition of an additional 14.86% of Star-Apic
1Spatial plc (AIM:SPA), the Spatial Big Data Company, has entered into a conditional agreement to purchase a further 14.86% of the issued share capital of Star-Apic from Meusinvest S.A ("Meusinvest"), based on the same valuation terms as the initial purchase agreement, announced on Friday 24 May of its intention to acquire 75.14% of the Company.
The additional share purchase is conditional upon, inter alia, the passing of the Resolutions by the Company's shareholders at the General Meeting (to be held at 10.00 a.m. on 12 June 2013 at the offices of Brown Rudnick LLP, 8 Clifford Street, London W1S 2LQ), the completion of the Acquisition of 75.14% of Star-Apic as detailed in the Company's Circular dated 24 May and the signing of a new shareholders' agreement between the Company and Meusinvest. If the conditions are satisfied, this will take the Company's total holding in Star-Apic to 90.00%. Meusinvest will keep a 10.00% shareholding and a representative on the Board of Star-Apic.
Star-Apic is a leading European provider of Geographic Information Systems ("GIS") software and solutions, specialising in land and infrastructure management. It is headquartered in Belgium, with offices in France and the UK. Its software is used to create, manage, analyse and display geospatial data. 1spatial's Directors believe Star-Apic is an important and highly complementary bolt-on acquisition for the Company, significantly enhancing the Company's capability in the rapidly growing Big Data market.
Capitalised terms used in this announcement have the meanings given to them in the Circular.
dreamcatcher
- 30 May 2013 19:00
- 28 of 70
On Thursday, 1Spatial PLC (SPA:LSE) closed at 9.00, 2.60% below its 52-week high of 9.24, set on Mar 06, 2013.
dreamcatcher
- 30 May 2013 19:03
- 29 of 70
dreamcatcher
- 06 Jun 2013 22:14
- 30 of 70
Shares mag -
1Spatial (SPA:AIM) 9.0p
STORY
Headquartered in Cambridge and with offices in Australia, Ireland and Belgium, 1Spatial’s software is used to create, manage, analyse and display geospatial data. Customers include Unilever(ULVR) , Unisys (UIS:NYSE) , US Census, Ordnance Survey GB, the Brazilian Army and Ordnance Survey Ireland. Last month it appointed WANdisco chief executive officer David Richards (see page 18) as the non-executive deputy chairman, a boardroom coup.
BIG DATA PITCH
It recently tapped investors for £18 million to buy a 75% stake in Star-Apic, a Belgium-based provider of Geographic Information Systems software and solutions, specialising in land and infrastructure management. Considering that some of the world’s biggest agencies rely on 1Spatial, such as the Ordnance Survey in Britain, which uses its software to update its records every day, this looks a smart move that will significantly add to the company’s capability in the rapidly growing big data market. The fresh funds will also bolster sales and support in a new Middle East office, allow ongoing research and development and provide the firepower for more acquisitions down the line.
It’s been said in the past that 1Spatial was too early to the big data space, it struggled simply because many customers and potential clients assumed the theme was for the future, not today. But they seem to be catching up and this bodes well for the £29 million cap. It chalked-up revenues of £5.2 million last year to end January, but that figure was surpassed in this year’s first half alone, with sales jumping 146% to £6.4 million. This implies something around £12 million to £13 million for the 12 months to be confirmed when the finals are published probably next month. No forecasts are available but that could mean a break into the black.
COMPANY SAYS (Marcus Hanke, CEO)
‘Given the recent success and interest 1Spatial has seen in new markets, such as utilities, and the need to map networks and gain accurate insight into assets, Star-Apic is seen as a key acquisition opportunity, providing many benefits to support the group’s expansion plans and goals.’
cynic
- 07 Jun 2013 07:02
- 31 of 70
this is a high risk, high reward stock which tells you all ...... instant profit of any size is unlikely, but maybe one to stick in the drawer with the premium bonds
dreamcatcher
- 12 Jun 2013 15:28
- 32 of 70
Results of General Meeting
RNS
RNS Number : 8695G
1Spatial Plc
12 June 2013
12 June 2013
1Spatial plc
("1Spatial" or the "Company")
Results of General Meeting
- 1Spatial completes Placing of 300,000,000 new Ordinary Shares -
- 1Spatial completes acquisition of Star-Apic -
- David Richards appointed deputy non-executive Chairman -
1Spatial plc (AIM:SPA), the Spatial Big Data Company, held its General Meeting today, 12 June 2013, and all the resolutions proposed at the meeting were duly passed.
Placing
1Spatial has completed the Placing of300,000,000 new Ordinary Shares at the Placing Price of 6p per share with certain institutional investors, raising approximately £17 million of net proceeds for the Company and equating to 46.1 per cent of the enlarged issued share capital.
The new Ordinary Shares will rank equally with the existing Ordinary Shares in the Company. Application has been made to the London Stock Exchange plc for these Ordinary Shares to be admitted to trading on AIM, which is anticipated to commence at 8.00am on 13 June 2013.
On Admission the Company will have 650,415,354 Ordinary Shares of 1p each in issue, with each share carrying the right to one vote. No shares are held in treasury. Therefore the total number of voting rights in the Company is 650,415,354. This figure may be used by shareholders in the Company 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 share capital of the Company under the Disclosure and Transparency Rules.
Acquisition
1Spatial has completed the 90% acquisition of Star Apic, the leading European provider of Geographic Information Systems ("GIS") software and solutions.
1Spatial believes Star-Apic is an important and highly complementary bolt-on acquisition for the Company, significantly enhancing the Company's capability in the rapidly growing Big Data market.
The Directors believe that Star-Apic will provide:
· a utilities solution that can be sold into existing customers and markets as well as into new markets;
· access to new markets, such as France and North Africa;
· additional services and products to the Group's existing customer base. The Elyx software platform is built on the same core technology as 1Spatial's technology and can be integrated into the 1Spatial Management Suite easily and efficiently;
· a map publishing tool (Mercator) to produce digital and paper maps which can be added onto 1SMS; and
· additional product development resource to develop new products aligned to perceived customer needs.
Appointment of David Richards
David Richards has been appointed as deputy non-executive Chairman, effective immediately.
David is the CEO, President and co-founder of WANdisco which he founded in 2005. David brings a wealth of experience to the Board, with over 15 years' in the software industry, sitting on a number of advisory and executive boards of Silicon Valley start-up ventures.
David James Richards, 42, is, or has been in the previous five years, a Director of the following companies:
Current:
WANdisco, Inc
WANdisco International Limited
Previous:
Heffalump Limited
The Company confirms that there is no other information which is required to be disclosed pursuant to Schedule 2 paragraph (g) of the Aim Rules for Companies.
Commenting on today's news, Marcus Hanke, Chief Executive of 1Spatial said:
"I am happy to announce we have completed the Placing and subsequent Acquisition of Star-Apic. Star-Apic is seen as a key acquisition opportunity, providing many benefits to support the Group's expansion plans and goals. In addition the appointment of David Richard as deputy non-executive Chairman will bring a wealth of experience to the Board".
About Star-Apic:
Star-Apic is Belgium incorporated and a leading European provider of GIS software and solutions, specialising in infrastructure management (mainly utilities) and land management with offices in Belgium, France and the UK. Elyx, its proprietary end-to-end software solution is used to make the best use of geographic data to improve efficiencies and derive business benefits. Over the last three years, Star-Apic has successfully migrated its existing customers onto this new Elyx technology. Like 1SMS, Elyx is based on Oracle database technology. Following the acquisition, it is intended that Elyx will be updated so it can be integrated into 1SMS, thereby making use of the Group's accuracy and validation engine.
Founded 30 years ago and currently employing 110 people, Star-Apic has three product areas:
- Elyx Suite - the core product end-to-end land management and infrastructure solutions software;
- Mercator - Cartographic publishing software; and
- indoor location data centre infrastructure management software.
Mercator, a tool for the cartographic publishing of maps into digital and paper form, will be a complementary additional product which can be added into 1SMS. The Indoor location data centre software is noncore software but has value. Its value and fit into the Group will be fully assessed post acquisition.
3 monkies
- 12 Jun 2013 15:49
- 33 of 70
Let us hope David Richard can turn this around, I have just dared to look at my Halifax dreadful portfolio 70.80% down overall all. Crumbs not good. I think I should have done a course in picking good companies other than a load of crap. Hey ho I am the one who made the awful selection. Not one of my shares is anywhere near what I paid for them. Glad to see you are doing okay on some of yours dc., you have made some good choices of late. What happens to shares if one dies? Not thinking of going just yet but just been thinking (were dangerous) when a woman thinks!!!!
dreamcatcher
- 12 Jun 2013 15:57
- 34 of 70
You would leave them to who ever in your will
3 monkies
- 12 Jun 2013 16:03
- 35 of 70
Cheer dc I just thought they may have frozen them (they are ice cold anyway). Had better get down to the solicitors then as they are not in my will. Perhaps I should leave them to the children, they might reach my age by the time they do anything. Joke!!!!
dreamcatcher
- 12 Jun 2013 16:56
- 36 of 70
The solicitors will advise you 3m.
3 monkies
- 12 Jun 2013 17:00
- 37 of 70
Yes will seek advice, I think I have thought of this before but can't remember so shall take it up shortly. One for the 'things to do list'. Cheers dc
dreamcatcher
- 12 Jun 2013 17:04
- 38 of 70
They may get frozen by Halifax, as the account will be in your name.
3 monkies
- 12 Jun 2013 17:08
- 39 of 70
That is also what I was thinking - a.s.a.p. enquiry to be made. Sounds like I am thinking of popping off shortly but one never knows the minute.
dreamcatcher
- 12 Jun 2013 17:10
- 40 of 70
Are you still with us. :-)) lol
3 monkies
- 12 Jun 2013 17:53
- 41 of 70
Oh! yes I am still here on the phone talking actually - my friend just checking that I am alive. ha! ha!
Roselea
- 18 Jun 2013 21:36
- 42 of 70
Anybody still following this one ??
dreamcatcher
- 18 Jun 2013 21:45
- 43 of 70
I think this will gain a lot of interest when Richards takes his position in the company, what with so many contacts.
dreamcatcher
- 28 Jun 2013 13:43
- 44 of 70
Up just over 8%
3 monkies
- 28 Jun 2013 13:58
- 45 of 70
Just had a look at what I wrote on here on the 12th July how things altered dramatically on the 19th - still here dc.