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15 Mar 2018 07:00
15 March 2018
1Spatial plc (AIM: SPA)
("1Spatial" or the "Company")
Directorate Change
The Board of 1Spatial, the global spatial software and solutions company, today announces that Nick Habgood, Non-Executive Director, has tendered his resignation from the Board, effective 14 March 2018. Nick joined the Board in October 2015 and steps aside to concentrate on the rest of his portfolio with Azini Capital and in particular his current role as Executive Chairman of ATTRAQT plc.
The Company has begun a search for a replacement Non-Executive Director and will update the market on this process in due course.
Claire Milverton, CEO of 1Spatial said:
"Nick's contribution to the business has been hugely valuable. We thank Nick for his advice and direction as the Company transformed and set a clear path toward long term profitability and shareholder value creation."
Nick Habgood said:
"After a period of significant change, 1Spatial now has a management team and board that - as we can see from today's update - are the right team to deliver on the significant potential and opportunity that prompted Azini Capital's investment in 2015. Our fund remains a significant shareholder in 1Spatial and I would like to thank the team for their support and wish them the best of luck going forward."
For further information, please contact:
1Spatial plc | 0203 427 5004 |
Claire Milverton | |
FTI Consulting | 0203 727 1000 |
Dwight Burden / Alex Le May | |
N+1 Singer | 020 7496 3000 |
Shaun Dobson / Lauren Kettle |
LEI Code: 213800VG7OZYQES6PN67
About 1Spatial
1Spatial is a software solutions provider and global leader in managing geospatial data. We work with our clients to deliver real value by making data current, complete and consistent through the use of automated processes - ensuring that decisions are always based on the highest quality information available.
Our unique, rules-based approach delivers enterprise-scale, cross-platform, automation to all stages of the data lifecycle. It builds confidence in the data while reducing the time and cost of stewardship.
Our global clients include national mapping and land management agencies, utilities, transportation organisations, government departments, emergency services, defence and census bureaus.
A leader in our field, we have a wealth of experience and a record of continual innovation and development. We partner with some of the leading technology vendors including, Esri and Oracle.
1Spatial operates globally with headquarters in Cambridge, UK and offices in the US, France, Belgium, Ireland and Australia. To find our more, visit www.1spatial.com
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